This year we purchased several bank owned properties requiring moderate rehabs. We spent 12-30k on each house to get it to an above market quality for rent. This rehab amount includes:
Contractor Labor, carpet, paint,...

So we participate in tax sales.  We have done several states but right now spend 99% of our time in Indiana and Michigan.  As you may or may not know, when you buy a property on tax sale, you do not get a warranted de...

Hello All, When I first started investing in buy and holds I wanted to be insulated from risk.  Now I feel like I insulated myself from leverage.   I now have 4 LLC's that I actively use.  3 I use for Real Estate and ...

If I have multiple rental properties in Indianapolis and in Texas where should I form my LLC?Also, is it better to complete a heloc on my cash owned property before or after I file an LLC?Thanks for your advise BP!

I am currently working in development of raw land. In short, we by a large piece of land, make improvements, split it into smaller tracks and sell them. At one time I was told that even if I hold this property for o...

Hi,My wife and I got into real estate investing sort of by accident.  We were moving from Vermont back to Michigan for work and family and were unable to sell our condo.  After me staying behind for 3 months, we decid...

Hello BP Friends, Can we do a 1031 exchange on an investment property we bought 9 months ago? Is there a tax implication? What are the things we should be aware of when performing a 1031 exchange? Please educate.

They each brough 25% of the down, 10 years ago. What should I be sure to include in the buyout agreement!?! They are also open to selling it but I want to keep it!

Here is my initial draft:

Buyout AgreementI. Pa...

If real estate investing seems interesting to you, but you’d rather avoid becoming a landlord, you’re not alone. Fixing toilet emergencies at 3am isn’t appealing to most people. Shocker.
The next logical step that ma...

I am a homeowner in Portland, OR, but moved to Washington State in 2022. I began getting the home ready to rent out in the fall of 2022. I bought tons of furniture (the intent was a furnished home) and put up ads. I'd...