I recently negotiated a contract on a house for 70k and it retails around 125k-130k. The seller had to discuss the offer with his sister, it was an inherited property. When I walked the house the second time while he ...

Hi - Me and my partner are interested in buying run down properties and flipping them. What is the best structure to hold the properties?
1. Should we buy each property under a LLC and open a business account for eac...

Hello All,I'm currently in the process of starting a Property Managment company in Los Angeles, CA. My partner will be providing the start-up capital+ A year salary to cover me ( $30-$50K). I will be in charge of busi...

Can someone help me understand this term please? also, what is the reason a property would go through this process? I feel like there is some elevated risk in this case but would love to get some feedback on this. 

How does an investor protect themselves and their properties from being ate up in a divorce?My friend who is a lawyer said that if you are behind $1 (one single dollar) a lien can be placed on any real property in you...

Hello Everyone,Could anyone please help me understand how mortgage notes are accounted and reported for the purpose of business tax return (form 1120) ? While searching the Net, I found a few different approaches - fr...

Is home insurance on rental property different from Renter Insurance? Also any good recommendation company who has good price for both home and renter insurance? Any information is appreciated. thanks

I have a property that sits on 2 regular sized lots for the area. I want to either sell off the southern lot or build on it, so when I sign a lease for the house on the 2 lots, I want the tenants to be aware of this a...

Recently, I met a man who owns multiple properties and some in the Bakersfield area. He mentioned that the Bakersfield area is sinking? Is that true? Property is pretty “cheap” compared to other areas. Like to hear fr...

This is fun. I had a break in at my house while out of town and I am now on the receiving side of an insurance claim. I previously mentioned I had a DP3 policy. I was wrong. I have a DP1 and specifically paid to h...