This question is rather broad and understand the answer will depend on everyone's situation.  There I'm looking for some guidance on figuring out how to calculate the numbers rather than a simple "you should do this" ...

My friend and I are both new real estate investors. We're partnering to buy rental property in Chicago and we're forming an LLC.  As we draft our operating agreement, we are trying to think of must-have clauses and co...

Hey everyone,I am planning to buy my first property and it needs some work. I know it is challenging, but I would appreciate it if you could assist me with giving me an assumption of how much it should cost according ...

Looking to utilize a 1031 exchange. Need to locate a company that can help. Also trying to decide whether to swap dollar for dollar and have no debt. and income or leverage and have debt. but have larger assets. 

I can't seem to find a concrete answer on this:  If I have multiple applications that fill out a tenant profile can I choose which one I believe would possibly be the best tenant before processing that application fir...

Hey everyone!

I have a question. Just received my first call from a motivated seller in the pre-foreclosure process. He has 20 days from the 28th of June. I have talked to him, and need some advice. The home is worth...

Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...

Hello BP folks,
I have an interesting situation for one of my rental property which I purchased in Feb 2016 for $109K.
The property has now appraised for $130K and I expect it to appraise at the same rate. I put dow...

Earlier today, on the way to work, I was listening to the BP Podcast #285 as per my usual routine (another great podcast by the way). But after hearing some of the guest's comments about building multi-family and rent...

This issue has occurred several times at different properties: tenants complaining that the AC isn't cooling to a ridiculously low temperature when the ambient temp is about 40 degrees warmer. My response has been tha...