Good evening BP,I currently rent out and manage one property. My tenants are due to move out on May 1, 2016. They did their part of informing me with written notice (they are military and fell on orders to move) and w...

I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.

I've done my preliminary due diligence and reviewed the numbers. ...

Hello everyone! Can I buy a house that is pre-foreclosure? Can I buy a house that is in foreclosure?Is there a difference between in foreclosure and foreclosed on?I assume I can still buy a house that is pre foreclosu...

Hi everyone! I had recently asked a question to get opinions on whether we should evict a certain tenant. We ended up moving forward with eviction, judge ordered a settlement because the tenant claimed they had the re...

The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...

I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...

My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?

I've owned a two-flat in Albany Park for about a year now. We've replaced the roof (18.5K, it was never torn off in 100 years) and redid kitchens and bathrooms. We're planning to replace our galvanized pipe with coppe...

Greater association of realtors states average San Diego home price is $1M.  This is an astonishing number when the median family income is $85K.  San Diego home prices have seemed high for at least 40 years, but $1M ...