Hello! We just got under contract yesterday for our first STR. We found an off market cabin in the Smoky Mountains, and it's a fantastic deal. But... now what?Do we form an LLC before closing and open a checking accou...

Hello all! I have a request from my lender Rocket Mortgage asking me to provide to them the Withdrawal term of 401k even though I didn’t use my 401k to down for my rental house.  My broker said they just want to have ...

Looking to convert a duplex into individual condos in Italian Village (Columbus, OH). Does anyone have experience in this and know what all it entails?

Hi BP,
I've been working on a fix and flip calculator and I'd like to share it with the community.  It's loosely based on the B.P Calculators and some things I took away from J. Scott's book.  
The issue I kept runn...

I'm self-employed as a graphic designer and am doing business as a partnership (my husband being the partner).

Since we are already paying the $800 a year for filing as a partnership and I've been told by my CPA tha...

Hi BP. Preparing for my unlawful detainer hearing in 2 days. Never done this before. Been pushed back since April. Really hoping I can get justice. Not been paid since Feb, over $5,000 owed to me.Any advice? I have ev...

Here’s a riddle- how can an agent/broker have errors and omissions insurance coverage in place at the time of a sale, yet have no coverage a few months or years later when a problem surfaces in connection with that tr...

I have a realtor ready to submit my offer on a property, and a buyer lined up. I need a free proof of funds letter as soon as possible. Can anyone help me with this or better give me referral? 

I am entering into a high-risk business and want to keep my ownership/management private, and separate from my professional/public activities. I am considering setting up an anonymous shell corporation to handle t...

I have not used hard money yet. So far, just used my own cash. But I miss a number of good deals because they are just out of reach. What usually happens here in Michigan with a good REO deal, is that it will li...