Hello BP Community newbie here, I have a general question. When flipping a house with lets say a total of 3 people, each takes their profit & are taxed individually correct? Would they each report their gain separ...

Looking around on zillow in my city of san antonio and i find a house thats being foreclosed for 160k, everything looks to be in good condition.... a few blocks away i find a literal mirror image of the same property ...

I'm a newbie here and my dad is supposed to start looking for a new house for us in March. I want to find a nice house with a nice bedroom layout for me in a specific location in my county. But I am confused on real e...

After my due diligence, I know the property has been within a family for a number of years....
It looks like there have been multiple quit claim deeds to different family members. The vacant property is also sub-stan...

Hello BP Community,

I'm new to BP and am a fledgling real estate investor. Here's my situation: I've been the owner of a condo in the Chicago suburbs since 2007. Originally purchased as a primary residence, however...

Hello BP community! I am closing in on my first deal! I got it under contract and a few weeks until closing. I obtained it the traditional way of putting 25% down for an investment property. Now i am wondering how I a...

My questions stem from velocity banking...1. I know there is a tax deduction for writing off the interest on an investment property is it dollar for dollar?2. Let’s say, an investment property has a mortgage and ...

Hello,I invest since 2015 in rentals in Columbus Ohio. Just got an issue with a house we bought 3 weeks ago. the city contacted me regarding an electric job just was done without the proper permit in the house on 2015...

I hear alot of people discuss ROI but nobody discusses what percentage of your monthly income you can actually expect to make it to your pocket/pay yourself from your LLC after expenses. If you have any insight thanks...

Hey everyone, I'm curious to hear if anyone has any suggestions for the rent by the room strategy and what systems they implement when managing a RBTR.
     What is the best way to set up your leases?
     How do yo...