Hi BP members,I will be taking on a partner in an upcoming deal and am looking for advice on how to structure the partnership where we are protected from each other.Our concerns are that we both have things we are inv...

A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.

What we need to know are the steps involved in doing th...

I currently own 2 positive cash flowing duplexes and intend to grow my portfolio over the next 20 years or so. While analyzing a property for purchase, I allocate %5 of gross rents for capital expenditures. On my most...

This might be a dumb question, but I'm at the rehab portion of the BRRRR process and I'm stuck on how to actually go forward with the rehab. I'm currently looking into general contractors, but are they going to help m...

Hello, I'm looking into closing on a fourplex (8bd 4 bath) down in the Mid-south region . I am using an FHA loan and bringing about 6500 (+ 2900 that is in escrow) to closing, I've got about 20k in Seller Concessions,...

Hello All!I would like to provide a brief overview of my current professional and financial status. At 36 years of age, I am serving as a Vice President at my existing firm. My financial liabilities are confined to th...

I'm looking for solutions to a working but not ideal business model.
I bought in cash a cheap, run down house in a desirable neighborhood and am preparing to rent it as a single family home. I will have 150k into it ...

I've been saving up to make my first deal. I would like to purchase a duplex (Two-Unit) in Los Angeles-CA. However, I'm aware that due to COVID-19 some banks have changed their regulations. For example, Chase has chan...

I have degrees in Accounting and understand it but have never used it in real estate nor have I used much Quickbooks. My husband flips houses and has about 5 going at any time. We just set up Quickbooks Online which I...

Hi guys, I need your advice please.My tenant (state Arizona) gave me a move out notice. Last day for him to move out is tomorrow, he picked the day, not me. But he wont confirm move out inspection. Did not pay the ren...