Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...

As more people reach out to me seeking advice about dipping their toes into the rental real estate investment waters, it occurs to me that most people don't have their SH*T together enough to get started. They don't ...

**This is a re-post.  Something happened to my previous post where only 4 of the steps ended up in the version that posted**As more people reach out to me seeking advice about dipping their toes into the rental real e...

I am looking for advice on purchasing a house in which my aunt has gained ownership most likely through quit claim deed from my grandparents 10 years ago. My grandparents had owned it since sometime in the 1950's. I g...

Good Morning all,I am completing due diligence review as a prep for Foreclosure Auction and was hoping to get some assistance from the BP team/members.  I was able to find information online for the following:1. Licen...

I own my home outright. It was gifted to me over a year ago. I am planning on selling it within the next few months . I plan on using some the money from the sale as a down payment on a multi family that I will live i...

Hi all,IS it legal for one member of a dual member LLC to claim all of the income/pay all of the taxes on their tax returns. Leaving the other partner not claiming the income/ not paying the taxes. This of course has ...

I bought a three unit apartment building sometime earlier this year. Was just going to redo it and sell it.Hired some electricians to take care of it. After they inspected it, they gave me a verbal estimate of $4,500....

I own a retail business that is doing well. I want to diversify into real estate as a tax shelter and for money. My primary question is how do I show income after taking advantage of all the deductions? I can take ded...

Hey everyone!  I have purchased my first note, and it is about to be boarded.  Once I start getting payments, I am wondering about everyone's strategy for how to track the note within my LLC's quickbooks company file....