I’m just starting out and wondering if I can put the property I’m interested in buying into an LLC. Its a multifamily apartment with 3 doors, and I would have to take out a mortgage after putting down 20%. The reason ...

Hey BP. I’m looking for some insight on what folks would do in my situation. I currently have (2) rental properties that cash flow positive every month after all expenses and savings (#1 $215 / mo , #2 $293 / mo) and ...

I'm building my real estate investing team and recently enlisted the help of a real estate attorney to create a trust and start an llc.  I was surprised when the quote to create the LLC was around $1050 (including fil...

i went into contract on a short sale property in Essex County NJ.
everything looked fine until we found out that there is a second note on the property originated by BOA 
We have reached out to Bank of America to in...

First post here! I am a new out of state investor. I currently live in Seattle, WA and looking to buy rental properties in PA and IN.My question is regarding as to what state should I setup my LLC?  (I need LLC to get...

My wife located a property that we found out was owned by a local municipality. We went to the town and as it appears the town does in fact own this property at present. However, this property was sold to an investor ...

Hey y'all!  I am looking at a PNL report for an apartment complex, and I am confused about a couple things.  These might seem like dumb questions, but hey, I'm brand new to this!  1.  What is the depreciation expense?...

I just looked at a 1920's Craftsman that an investor has stripped to the studs (preserving some of the cabinetry and floors). It is between 1400 and 1500 sq ft. It will require all new plumbing, electrical HVAC includ...

Just curious - taking a poll question for those who invest in notes with partners. Do you do your books yourself or have an accountant / bookkeeper. I have a book keeper do mine as they have kept me from having to do ...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $1,961,000

Cash invested: $490,250

21-Unit/57-Bed, Value-Add Student Apartment Complex. Adjacent to Illinois ...