I live in San Jose, CA and the largest dilemma I have now is whether I should start investing in real estate, then save up another deposit to buy my first home, or vice versa? The reason I would like to purchase a hom...

Hi Everyone,This will be my first rental property, investing 35k for a 1k/month rental income. Please help guide me on the following questions1.  I will buy cash, and plan to refinance as early as possible. Should I b...

Hi All - When selling a property with the intention of immediately buying another building via a 1031 exchange, can anyone recommend strategies for removing or at least lessening the risk of running out of time to mee...

Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...

Hi guys, does anyone have experience with the "right of redemption" law? So what I am wondering is if a Judicial foreclosure happens and lets say the house is worth $200k. They for whatever reason let it go to somethi...

I'm a first time owner of an investment property. Challenge is that I did not figure in a senior tax exemption as well as homeowner exemption, which made the taxes look deceptively lower.

As it is, with the downturn...

I just had an interesting exchange...
I'm both a landlord and a tenant in Florida. While I always give specific advanced notice of entering to my tenants (e.g. I tell them exactly what day and time I will be there), ...

Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...

Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...

Looking for advice/opinions...

I'll ignore the details in this first post to keep this simple, but assume the situation is this:

I have a property that I can control for 9 months (the seller is willing...