I know, I know..holding a rental property in s-corp is generally a bad idea.  But it was done this way by my parents.So my family members' s-corp holds a rental property.  And after researching for some time, I realiz...

What would happen if after you buy a NPN, the borrower decides to file for bankruptcy? What happens to you as the note holder? I assume if the borrower throws the property into the bankruptcy that it would go to th...

First of all thanks to everyone who helps with this post. I am in month 2 of my first direct mail campaign. Today I had my first motivated call and would like some help on determining value.

I am in Tampa and the m...

I hired a contractor to do part of some renovations on a 40 unit complex. He was contracted for install on some of the units for LVP flooring, cabinets, counter tops, doors, base boards, some wall repair and a few oth...

Hey BP, One of my good friends is totally just did the worst tax job in 2022 I've ever experienced, I vowed I wouldn't ever use him and mix business and friendship..., but my last CPA totally did me dirty and I had to...

While I have not confirmed the site on my PC, my Mac or my iPhone, the format clearly appears very differently on my iPad.Humans resist change. There are features that are attractive however several that I have not ye...

Hi,I'm a new investor and looks like will make my 1st investment property in my life. But now the situation bothers me a little bit, so need you guys advice, please! General information: Multi(2 units) in west new yor...

Hey all,It's finally happening.  A deal popped up that matched my criteria and they accepted the offer.  We are currently waiting on the appraisal as the last obstacle but I have a credit only commitment and we feel t...

I started flipping last year in the Poconos,PA , completed 3. I netted 80k total, 40 on one alone. I am currently using a realtor, and am their "assistant" for MLS use permission. I have a great contractor that is rea...

I've got an abandoned building down the street from a 6 unit that I own on the South Side which I'm looking to take ownership of. This building was owned by the failed BHF housing and was left vacant about 6 months ag...