Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...

I found a really great house going up for auction in 3 weeks. I would like to buy it with some friends and family money from the auction. Fix it up and refinance it into a mortgage to live in.I'm guessing this will ta...

Hello :)

My name is Kate and I am a pretty long time lurker but this is my first post. I apologize if this has been posted elsewhere already, but my searching skills seem to be subpar today.

First my questions, and ...

Hello everyone, I've been buying and rehabbing properties for long term rentals for going on 8 years now.  I enjoy buying properties, designing them, and seeing the end product.  However in the past I've done the majo...

Please help! I don’t want my home involved in a crime, can’t prove anything, but there is so much suspicious activity happening!I moved out and rented my home out to a tenant I found on Zillow. I’ve since seen many re...

My sister and I just bought our first rental property together in Providence, RI! As we started going through the closing process a month ago, we began asking ourselves, "do we need to form an LLC?"  The main concern ...

Hi everyone, one of my main search criteria i have to find my first few triplex in Providence or close by is - buy with a 10 to 20% built in equity (off market), my question is;is this reasonable for providence? Can i...

I am surprised at how many LL seemingly do not collect First, Last and security deposit at move in. I thought everybody did? Security Deposit for us is equal to one month's rent. What's y'alls practice on this?Thanks ...

Afternoon all :)    Appreciate everyone's help in advance.  Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...

Hi everyone!In a nutshell, I have been listening to the podcasts , have read Rich Dad Poor Dad and have been participating on the forums here on BP all within the last few weeks.  At this point I'm eager to engage mys...