Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...

Hello BP Friends!
I hope all is well! My name is Jamier Hughes. I’m a local Real estate investor/Wholesaler in the Philadelphia market.

So I’ve been wholesaling for about 6-7 months now, and was able to close some d...

my tenant is breaking her lease 3 months early because she decided she didn't like the neighbors in the condo and wanted to by a house. She claims she will pay rent until I can find another renter.

At the poi...

Hi all! I used to be very active here on BP in 2017 and was going to purchase my first rental property. However, I got analysis-of-paralysis like many newbies and now fast forward to 2023 and I still haven't invested ...

A friend of mine works for a small  laundry mat chain that is for sale.  His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...

Should a potential tenants minimum income be 3x the rent, before or after taxes?

Hi. I am just starting out and am looking for a real estate agent to help on my journey. Do agents normally charge fees to show houses. I have a starting budget but I did not include a fee to see the houses in it. I t...

A friend of mine who is a realtor contacted a FSBO property and turns out the owner also owns about 40 and is selling EVERYTHING in her portfolio.

Most have tenants. Some do not. Her asking prices fluctuate between...

So my flip was finished in 60 days total, from purchase closing to going under contract to my buyer.  It was about $30k or so in rehab cost.  The buyer is using an FHA loan.  The first red flag was the banker said, 'a...

Do you ALWAYS enforce the maintenance deductible?