First time doing an STR and I want to put it in an LLC to shield my other assets as best as possible. I've read the pros/cons of LLC vs only doing umbrella insurance and I'd prefer to do the LLC route to minimize risk...

BP team,
My partner and I got our first rental property occupied about 3 months ago here in San Diego. We are currently doing a live in flip on another and plan to rent that out in about 4-6 months. We are co owners ...

Hey all!First post here and excited to learn!First wanted to give my scenario:I just got my first home under contract and getting ready to close in a few weeks, in Round Rock, TX. I'll be living in the property as my ...

Hi Everyone,Glad to be apart of the BP community! I purchased my first SFH a few months ago and have a tenant coming in soon. I was looking to purchase  multi family housing but it my area where I live, there's other ...

I'm borrowing money from a private money lender to close on a quadplex. He mentioned he will transfer the money to my account and not the title company. Is that okay? Also this is my first time with private lenders. W...

Currently came across a women looking to sell her house. She seems very motivate to sell and has agreed to sell on the lower end of the comps if we allow a lease back. Anyone have experience with this? Any way as an i...

So my coworkers son found a new job and is leaving to another city, he currently has a house that he still paying. My Coworker(Mother) is taking care of it. So I haven’t mention anything to her but I want to least gi...

Greetings. There's been a ton of discussion around when to form a LLC. I would love to solicit your advice as I'm guessing many of you have gone through the same thought process. A bit of background info:
1) My wife ...

Hi I'm hoping for some advice on this one. My accountant has this in their inbox as well. I have two LTRs out of state that are managed by a local, fantastic property management company. To date, they've been sending ...

I am doing some research to explore if you can do a Bonus Depreciation on a home you reside in and rent out (half the home) on Airbnb to traveling professionals. And would doing this be worth it / Looking to reinvest ...