My husband and I have lived in our home for 40 years and it's value has increased by almost $2 million over these years. We'd like to sell our house at some point in the near future because we're getting close to reti...

Hello everyone, I started buying real state  about 5 years ago and I have never called my self an investor but thats what I want to be. We have 3 properties  that we are renting out plus our private property. Now we a...

Hello All-So I recently purchased a condo (2/2 1k sq ft ground floor apartment) at foreclosure auction here in Wilmington NC.  It  was quite inexpensive so I feel good about that, BUT  I have two concerns and would lo...

I purchased a run-down rooming house that had questionable tenants in it. After all the tenants left either by eviction or on their own I renovated the house into very nice apartments.  After a fairly anal screening p...

Hi! I have a midterm rental in Temple and a construction company wants to rent it for several months. I’d be contracting with the company and listing the occupants in the contract. Anything important I should include ...

We are in the process of buying our first investment property. We aren't going to do this as a regular thing. Our situation is that we wanted to purchase a home in the area we want to move to in a couple of years and ...

To most landlords (or landladies) out there the above statement is a flash of the blindingly obvious, but for some it is a very controversial statement.  Heck, I was accused of giving terrible advice when I posted it ...

Be careful what you post on this message board. There is a reporter around here taking screenshots. These screenshots can end up in the wrong hands. This could lead to lawsuits because you know everyone tries to sue e...

Hello everyone!My name is Tony Jordan and I’m glad to finally become a member of the BP community. Not really sure why it took me so long to do this, because I’ve been using this great site for several years and enjo...

I recently filed for an LLC with the state of Florida that includes myself and two others.When filing for an EIN, if I choose to be taxed as an S Corp (form 2553); will my LLC become an S Corp or remain as an LLC with...