I'm trying to set up my expenses in QB and Expenify and I've been back and fourth on a couple of categories. So far I have 1099, Advertising & Marketing, bank charges & Fees, Capital Expenses (for remodels) Ca...

Before I go and do something else stupid I wanted to put it out to the group and see if anyone had a creative idea.  I recently purchased a rental property using HML and then refinanced with a conventional lender abou...

Hey BP,
I am moving into my second investment property which is a duplex, and I was wondering how people would handle the tenant on the other side. Would you tell them you are the new owner, or just give them a numbe...

Hello! 
I have 4 rentals in Missouri and 4 in Kansas. I've heard a number of different suggestions on whether an LLC is even needed and/or just have umbrella insurance. I've decided to go the LLC route for protection...

I've noticed many three family homes have a fourth apartment in the basement and it's considered "illegal", yet many have tenants.What are the problems with having such apartments and what's the worse case scenario fo...

Hi BP,I am pulling the trigger on another rental property.  A duplex.  Based on the numbers it looks like it is just going to hit the 2% rule.  Purchasing for $31,500 w/ $1,500 seller credit and potential rent is 400-...

To start off, I live in a nice part of town (moore, ok). I am looking for advice on garage conversions.

I have a 3 bedroom 2 bath house as it sits. I actually live in the house now. I am thinking about converting ha...

Hi gys -I found an agent to sell a potential property - that will close shortly.Since day one - i see an attitude problem. She specializes in the area, is a good seller by ratings - so I remained professional and neve...

Good evening everyone! 
I am looking for some advice on the proper way to turn my current primary property into my investment property. I currently have a LLC that I would like to transfer my property into but I've r...

How do I go about putting a rental on an LLC, if I'm still paying on the mortgage?