Dear BP family,When I bought my first rental, I paid from a personal savings account. I had another idle savings account where I started depositing rents. Months later, I opened a personal checking account where I tra...

HI all,I have never run into this situation before and would like to get a little feedback. I am looking at a duplex in DFW Texas and one tenant is on a MTM lease that I would like gone (preferably before I purchase)....

Is there a way to use retirement funds( eg. funds that  one may have in an IRA) to pay off a house without paying the hefty 30% to the IRS for pulling the out money before retirement age?  

My first post, so please bear with me. I have a rental property in Texas. I set up a LLC last year but yet to deed the property to the LLC. I've set up a bank account for the LLC and started using the LLC bank account...

Hello,

I bought a house with the intention to flip. There are tenants living in it. The house wasn't properly maintained.

The seller did not furnish a contract which was already expired.

I intend to flip the hous...

I need some advise as to how much to pay for a small property management business. The owner charges an average of 7% of gross rent and 50% for lease up. I've been told to buy the accounts and not the business for lia...

Hello all,We have just begun to delve into repairing and flipping properties.  We have one underway in GA and  our flip is in process already and we do not have sufficient insurance in place.So: I have three questions...

Hello All!
I am currently house-hacking a duplex and plan to purchase another in my area within the next 6 months. I would like to understand the steps behind setting up a LLC.- What is needed to register an LLC in W...

Hi,
I am looking for some advice on whether or not to get an LLC and property manager for one home. I currently live in the home and the renovations are new but am planning to move out of state and rent out the home ...

So I have a question, just found out my city requires business license and annual inspection of the property when I rent it out. In order to transfer utilities to my tenant name, they require business license, so each...