I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...

Hi, I am working on my first property and have a conventional loan, which means my current LLC cannot "own" the asset, which I'm assuming eliminates protection the LLC would provide.I've seen other threads from years ...

Do i need to transfer properties to a TRUST, S-Corp or LLC from preventing any lawsuits?

Hello BP family!The hubs and I have been in our market for over a decade (WOW! Where did the time go!!??), and we're looking to continue to build our portfolio. Our accountant has suggested a vacation spot based on ou...

hello, I googled and called around for a past rent collections service, I do have the judgement against the tenants and the writ etc. would like to know how to get it as a remarks on their credit, and a way garnish an...

I've done a lot of reading and planning and I am very excited to have entered the world of real estate investing. I bought a piece of land and used a friends GC license to build my first investment property.  (I'm pre...

Hello, I am getting ready to purchase my first investment property in Dallas Texas area. It probably will be a duplex. Do you suggest to use LLC for financing/Title documents to protect my personal assets?
I have it ...

How do you determine if a neighborhood is class A, B, C or D?

Hi BP,
So I need to buy a new car soon (cash, less than $35K).  Should I put it under my personal name or put it under LLC's name?  Can I write it off as business expense for the whole cost?  Or will it be depreciati...

I have a question for you guys regarding how you set up your partnerships, especially involving multiple partners.  Let's say that you've set up a single member LLC that you use to run your business expenses through a...