Hi guys,We have a seller who's interested in putting their property under contract with us. They have an issue with paying costs at closing, however.Our contract states that they pay the costs of preparation and trans...

Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...

Hello,I am looking for a good attorney located in Texas that can assist me in forming a Series LLC. Any suggestions would be greatly appreciated.

Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...

I'm closing on a townhouse soon and was a little off when estimating my closing costs. I had estimated 2500, and they are looking more in the range of 5100. Will closing costs differ from lender to lender?

Hello BP!

What are the pros and cons of creating an LLC right off the bat when beginning in the REI world?

I'm looking to purchase my first deal in Baltimore, MD and have found a decent deal on a 3 bedroom for 79k that needs little work. The property should cashflow about $340/mo using property management and about $460/mo...

Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...

This post is meant to be informative in nature, since I found it a little difficult to find all of the answers I was looking for regarding Texas LLCs and I wanted to share my findings on BiggerPockets. Naturally, I wi...

Quick question all! What tax deductions do you take on a STR managed by a PM where all you get  is 1099 at end of the year for the final payouts made ( after deducting all fees). TIA!