What are some tips as a new Investor that will help with future planning in adding real estate property in your business name?  I am finding banks want you to put it in your name first then it can be switched over in ...

Greetings from Wichita. This question is not for political debate, we are aware of the laws of Kansas regarding firearms.  We would like, however, to be proactive and not surprised if a tenant owns a firearm. We would...

Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...

Greetings. I am getting ready to purchase my second home and will be continuing my house hacking strategy. My current home came with the tenants and they have been stellar. I didn’t have to go looking for tenants. Bu...

A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.

What we need to know are the steps involved in doing th...

Hey all,I have to warn you all, this is a pretty long post and just wanted a disclaimer at the beginning for those not willing to read my ramblings. I'm primarily making this post to help solidify some concepts I've l...

Just wanted to introduce myself here! I've been lurking, reading, planning and cannot say enough about how impressed I am with BP, the information available and most importantly- how genuinely everyone on here wants e...

I think we would all agree that personal finance is something that all of our youth should be taught, but it's not getting done on a consistent basis.  In your opinion, whose job is it to teach teenagers (high school ...

Hello BP !!! I have done a few flips up until now but I have them under one LLC. I was recently told be a fellow investor one LLC is needed for each flip project that is done. I did not get the chance to understand th...

Hello Fellow Landlords,I purchased a two family residential property (vacant) that has a commercial unit on the property but complete separate (occupied by a pet grooming store). This is in Binghamton NY.  The groomin...