Hi BP,My wife and I file tax report together and we are thinking to take conventional loans individually w/ the hope go beyond the limit of conventional loans. The questions I have are:- Banks can see all our rental r...

My first post after learning an extraordinary amount of information on this site.  My next auction sheriff sale auction has 2 properties that it appears the plantiffs lawyers didn't do their homework on with easily id...

Hi Everyone,We have a large (25K SF) tenant who currently occupies over 50% of one of our properties and is behind on over 3 months of rent. We will probably demise the space into 5k - 11k SF units going forwards. We ...

My wife and I are looking to put our RE holdings on an "active" business footing, form an LCC (or one per held property?) and file taxes as a business rather than filing a form E. We have several reasons for doing...

All - Newbie here. And I am sure this has been discussed before. But how do experienced investors use the 1 or 2% rule to a market such as California? What are the typical rents you would expect (as a % of purchase pr...

Hey guys, I have my second flip under contract and plan on growing the business. Since things are getting more and more complex, I need to figure out a system to keep things organized and stay on top of accounting. Ho...

When rehabbing a property we occasionally pay using company's check. In a recent instance we needed some work done and we chose a single entity who can perform this work. He required us to pay some deposit for wor...

Hi, I was looking to get some questions answered if at all possible. I am currently living in an apartment complex/house (not sure how to refer to it) that is situated like a dorm. There are 6 bedrooms, a living room,...

Hey BP'ers,I have a few questions regarding the tax/ income implications of some buy and hold real estate. I want to emphasize that these questions will be centered around buy and hold which is why I am beginning a ne...

I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...