Hi all! I started my real estate empire (two buildings!!) last year under an LLC. I filed my 2013 personal taxes and assumed that I could just use Schedule E for the real estate activity. However, I now see that I nee...

Can some one explain to me what an LLC is? And is it needed?

I had recently purchased a home and with in less than a week my oil burner stop working on me. I walked into the house and the house was filled with heavy oil smoke. Now my insurance company (USAA) is telling me that ...

Long time lurker here. I recently became a pro member and have been using the rental property calculator to examine listed properties to familiarize myself with the calculator itself. I am hoping I can get some feedba...

This is my first wholesale deal and my once motivated sellers aren't so motivate anymore. How would I use my exit strategy when the sellers get greedy?? We have a few more days until the contract is up.

Hi BP!I am a consulting professional interested in real estate investing in my backyard of the greater Atlanta, GA area. I am new to real estate investing but have been devouring BP podcasts, books on RE investing and...

Long story short - Father in Law passed away recently and left three properties to my wife and I in his trust.  We are planning on keeping said properties as rentals.  Our trust attorney told us to meet with a busines...

BP Community,I am planning on using a FHA loan for a "house-hack" situation in the Pittsburgh area after I graduate college this spring.  My intention was to purchase a duplex with tenants on 30-day leases so I can re...

Hey BP members. I'm brand new to the BP community today and new to REI in general. I've owned a few properties in the past and worked as a loan originator in the residential mortgage business for 6 years back in 2001-...

To bring everyone up to par, here is where I stand. I have recently graduated college and accepted a job in my field of study (Residential Property Management).  I have been interested in several different properties ...