I would like to transfer some properties in one LLC to another. A Title company told me I can transfer properties from one LLC to another by paying a 3% transfer fee + document preparation fees. Option #2 which is les...

How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement...

Hi BP, I was wondering if anyone here in the Atlanta area who has dealt with short sales and knows their way around the entire process. I have a seller who has POA for his mother's home and is looking to sell quick...

This question is for individuals who have successfully found and managed section 8 properties in Newark NJ area.1. What led to you deciding to offer section 8?2. Given all of the negative comments about section 8 tena...

Imagine with me, that your workday began with the usual routine, but halfway through your morning, you received the news you’d been laid off.
For most Americans, that means zero income starting tomorrow morning.
Now...

We've decided to put our properties in LLCs. Our lawyer has advised series LLC. The question is to whether to do it this year or wait until after the first of the year. Any tax advantage of doing it this year? Or does...

I'm brand new to real estate investing so thank you in advance for your help. My question is, can I assume a mortgage on a home in Georgia if the seller is behind on payments and headed toward foreclosure? I've read a...

Hello BP,I am looking at a property in NJ and starting to get a better understanding on how rent control will affect my investment.  The town I am looking for has some information posted, which I came across, but cann...

How can you get a property that has been contracted by a reverse mortgage company; out of the deceased owner's name? The property hasn't been sold; and sits vacant. Why isn't it in the reverse mortgage company's name;...

Hey BP!

I recently secured the contract on my first auction/foreclosure property as the highest bidder! Super excited, and I'm now in the process of getting all my ducks in a row for closing. The property is locate...