I have my SDIRA with New Directions IRA, Inc. based in CO. In order for the custodian to approve the LLC for the SDIRA I need to get an Attorney Opinion Letter, in addition the organizational docs. The attorney letter...

I would really appreciate any opinions on a new business venture.  I think it's fairly straight forward as these things go, but it's new territory for me and I want to know the tax implications before taking the plung...

Does anyone know the laws or restrictions of taking over properties "subject to" here in Texas? I know some laws have changed in RE these past few years. Also, what contract/s are used in Texas when getting a property...

Hey BP,So currently I've sent out letters to landlords (Not in LLC or Apartment complexes) who have filed an eviction in the last 2 weeks. My counties public records file daily and go back til about March 2015. How fa...

Not looking for a card specific to one store like a lowes card but a credit card that gives 3-5% back at all home improvment stores.My chase freedom card gives 5% back but only during certain months. I would like to d...

I have a full time job and rental properties. I'm looking for ways to reduce my taxable and am looking into whether 1) I qualify for a solo 401k as a landlord and 2) whether it will help me reduce my taxable income. I...

Hello my name is Patrick and I am looking at investing in Cleveland ,debating if I should look for higher rental income in not as good neighborhood V less rent in better area(Parma)with higher property price.I am not ...

I am obviously getting regular fire insurance, but what about liability insurance? My lease agreements require my tenants to obtain 300k liability insurance. But does that require common areas? Would if someone slips ...

I'm putting tile on the bathroom floor in my grandmothers house and I was wondering if there are any good videos to teach me. Any suggestions?

I want to thank the community of BP for all the solid information that has been pouring out of the site this year. The Podcasts are so valuable! I have been investing in SFH's for a few years...but my passion to pursu...