Hey BP,I need some help. I just closed on my first property at the beginning of this month. It's a duplex that I bought in a partnership with my parents. My parents put up the capital but have said they want no part i...

I am starting my RE investing biz and have been going back and forth on set up and state of incorporation, I am at the point the I believe an LLC would be best and I should probably set 1 up in Wyoming or Nevada. I li...

Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...

First time poster seeking legal input.  I own a handful of small multi-family units, plus a few single-family rentals all listed under the same LLC.  Considering purchase of an occupied quadraplex...from a legal stand...

If I offer to take over paymens, how do I obtain the deed/title, without triggering a due on sale clause? I have a seller who wants to get rid of their house (for no profit) so they can get in their "bigger, better" ...

Hello, I purchased a property in Kansas City through Norada last year. They are nothing more than a middle man that earns commission by connecting you with flippers in local real estate markets. I did not have a good ...

The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...

I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...

Planning to move to the Dallas/Frisco area in a year or so and would like to buy a house that we plan to stay for long term. We own a house in CA and after selling, we would have enough cash and not need to finance if...

Just wondering what everyone supplys tenants. For example, I give my tenants bug spray, instead of paying a professional to come out and spray. Does anyone supply weed killer or fertilizer? Heater and AC filters? W...