Hi my BP Family!

I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...

Hi Everyone,

Right now, I have my tenants' security deposits in separate savings account at an online bank.  Is this how most people do it?  If not, can you share where you keep the security deposits.  Thank you in...

My offer was accepted on an REO, and there was a strong smell in the house before--then the bank repainted the interior, probably to cover up the smell. I'm pretty sure it was mold, although the only visible mold I sa...

Erosion of rights continues in NJ....governor just signed an order allowing tenants to elect to use security deposit to pay rent. Yet again changing private contracts.  Wish an attorney or organization would step up ...

When wholesaling a non-assignable reo contract and you have to do a double closing do you have to "buy" the property to close on this from the bank? Then you "sell" the same property to your end buyer, while at the ti...

I was speaking with my brother - partner in rental business - and his attorney (Real Estate lawyer) who recommended putting each property into it's own trust or llc.... I am looking for additional experienced advise i...

What do you landlords do as a process, when you get a civil judgement against a previous tenant but you can't readily collect. Do you have a certain collection agency you turn it over, do you just keep it and consider...

I am looking to talk to someone who has created an LLC before or knows someone who has. Can you please message me if you have? I have been seeing online websites to create LLCs and wondering if people have gone throug...

Hello BP Members,I’m fairly up to speed on general benefits of an LLC. In this post, I’m trying to learn more about a Series LLC.- general understanding - how they work - advantages (if any) they may have if buying mu...

My company is looking at the acquisition of a pool of first position non performing residential mortgage notes in various states. These mortgages are within 6 months of going to the foreclosure auction. Buying the not...