Okay, so the first tenant I chose (who had perfect credit and a clean criminal history) did not end well-stopped paying rent after 4 months-some neighbors mentioned to me they were not very favorable neighbors (they a...

There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...

Just as the drug industry has disclaimers, so should attorneys selling services of the cure all "Stop Foreclosure with Bankruptcy"

I see advertisements all the time for "stop foreclosure with bankruptcy", I have not...

I came across a 12 unit (6 duplexes) deal in Milledgeville, GA.  At first glance the numbers looked good. The seller was selling the package for $540,000. NOI is $57,239 , GR $75,550, EGI $70,270, Exp $13,031. (Curren...

Hi all,My name is Chris Lopez and I'm an eye doctor relocating from Texas to upstate New York to practice.  I've been binging on BP podcasts for the past couple of months, as well as reading finance and real estate bo...

Folks, I have a $30k personal line of credit (6% variable APR) and am wondering if I should use it for anything or just let it sit there and look like I use 0% of available credit. I've had varying responses from coll...

I just want to ask what are the dangers of building a rental property portfolio through financing compared to buying them cash and owning them free and clear? I currently got one duplex that I got FHA 3.5% down and I ...

So I am trying to see what people's insights are. I am getting about $20k from my moms life insurance and trying to decide if I should invest it in a crowd funding program and make money back or if I should put it all...

Mortgage and lending professionals, I signed up for a program a few months ago that's basically a budgeting tool (kind of like Quickbooks online) that shows you how to use an open line of credit (like a credit card or...

I am preparing to sell a condo that I've owned and rented out for the last 15 yrs in NYC.  It has appreciated quite a bit, but the cash flow is just ok, and I think that I would like to deploy all the appreciated equi...