I'm about to close on my first house in 19139 and the Assessed value of the house jumped up from $68,000 to $110,000. Is this normal? I purchased it for a little above assessed value, should I appeal it? If I were to ...

Is this the maximum case for financing properties through banks?Number of properties that can be financed: 10Max amount per loan: 417k Rental income from property that counts towards DTI: 80%Age of rental income: 12 m...

Hey BP's,
We are in contact to sell condo #1 in NY, fully depreciated. We are entering into contract to buy condo #2, in FL. Closing dates will be on about the same day, conveniently. Using round numbers, sale price ...

I will be relocating to Florida later this year as part of my active duty military service. I am currently a Wisconsin resident, but I plan on becoming a legal resident of Florida to avoid paying income tax in the fut...

I am about to sell 2 quads, 1 duplex and 1 SFR in a small town in Michigan, listing through a regular realtor. I have picked out each of the tenants myself. They have all paid rent through the pandemic and they are al...

I recently put down an offer on a property and it was accepted. As I was doing my due diligence, I got a called from a seller (also a RE agent) and told me she does not want to work with my attorney because of a known...

Happy New Year, everyone,
I'm looking for some advice on a family real estate deal. Basically, I am providing them a lump sum to pay off their debts and in return, the taking ownership of their home. The plan is to l...

I am considering acting as a consultant to connect a home buyer with an Investor for a small consulting fee.  My service would include assuring that the closing goes as agreed. Would this be legal If the Investor choo...

I am an foreign investor looking to buy my first rental investment in Memphis. To get started I want to set up an LLC and ensure its setup properly to avoid getting double taxed in New Zealand. Any recommendations fro...

Ok, So I had my sit down with my Tax girl, and was somewhat displeased. My situation: 150K in rental income before deductions. I am a sole proprietor. Question: As I continue to acquire more and more properties, Shoul...