Hi, Can someone please fill me in on the details of how to form an LLC for buying a real estate from filing for to closing? We have studied and decided with a CPA that we will form an LLC, so that`s not a question, bu...

Yesterday, I learned that numerous former Chicago public school district schools on the South side are going to be auctioned off this fall.  The listing agent believes that the most likely bidders will be Chicago "aff...

Hello BP worldSo, I've been studying the subject for nearly a year now, including nearly 3 months of pro membership. I was so gunho about leaping into real estate investing. I've studied some of the gurus via guerrill...

If you didn't see my "introduction" post I'll reiterate where I am so that maybe some of you could suggest a next step.

I'm 37 years old, own my own home and business. I've studied a few different REI courses in the...

Hi everyone,So I have some questions regarding multi family investments to live rent free while acquiring a fourplex.I've learned about the FHA loan, but it seems to have a lot of requirements in order for it to work,...

What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...

I live in Canada and there is a tax sale auction happening soon in my town. This will be my first time attending and wondering from anyone who has gone before on any insight on how it all works? Maybe any tips or a ge...

Hello BP community, my name is Jorge. I am located in the city where dreams come true: Los Angeles, California.
I am currently looking for my first property MFH (2-4 UNITS) Duplex, Triplex, Fourplex, I have been look...

Good day everyone! I'll try to keep this post short and to the point. I recently obtained my real estate license and I am actively seeking a sponsoring broker, but the more time that goes by, the more I question the p...

Hey guys,I understand that with a residential rental property, we are able to depreciate the house, not land for 27.5 years. My accountant told me that he would be able to accelerate the depreciation up front during t...