Here's my simplified as possible scenario:

in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...

Economic Update
(Monday, October 5, 2020)

The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...

All:I have a 90 year old duplex that is in very bad shape in a great location.  Some roof leaks, questionable heat, foundation issues, etc.  It's just really old and technically it might be livable, but that's about i...

So I've ready more books than I can count, heard all the podcasts, read the articles, stalked the forums, etc. Classic I should have started investing a long time ago stuff. I know. I'm working on it. However, all thi...

Hi everyone,Has anyone come across the seller not providing bank statements during due diligence?  Is this a red flag or something that is common?  Just looking to see how hard I should be pushing on this issue.Thanks...

I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...

Hi BP members,  I have a tenant that has called me to report what  he believes  to be  a mold issue that is causing him to be sick.  Now I have checked the plumbing and  found no issues and I normally am pretty dil...

I had just got an email from my new tenant that decided to vacate the premises because she had "discovered conditions within the apartment that she deemed unacceptable for her to continue with her lease." She claims t...

I'd like to get some help evaluating a small apartment complex deal.  Some context first.  This would be my first foray into multi-family investing, so I don't know what I don't know yet. I know that apartments are va...

Howdy all just looking for some insight from other brokers, lenders and investors in the area and beyond..I've posted regarding the state of the Oregon & southern California Coastal market, and as expected we've s...