
3 September 2024 | 5 replies
And given that many syndicators that offer paid mentorship cost in the 10s of thousands, I would just be very clear with each group you talk to on what you are needing versus what they actually offer.From the bits I have seen about a lot of people's mentorships (to be clear I have not gone through any), they cover market selection, basic underwriting, some marketing, basic legal compliance items.

2 September 2024 | 3 replies
While the wealth of knowledge and experience on BiggerPockets is wide and deep, I would not trust a decision like this to the internet, I would ask you CPA and if you do not have one find one who specializes in this sort of thing.

5 September 2024 | 4 replies
Multiple sub contractors with multiple separate contracts are not allowed..Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency ReservesMinimum 10% is required.

3 September 2024 | 3 replies
NAR’s numbers show a healthy bump in inventory—a 5.9% month-over-month increase and a 10.3% rise year-over-year, rounding out to about 1.07 million units up for grabs.Despite the bigger selection, buyers are still out in full force, pushing the median existing-home sales price up by 5.7% from last year to $384,500.

3 September 2024 | 10 replies
That is why you selected to be on Biggerpockets.

4 September 2024 | 10 replies
Locationally they also depart from most retail site selection norms from what I've observed.

6 September 2024 | 64 replies
The website will only allow you to select the 3 days of the event.

3 September 2024 | 0 replies
Here’s a great article that walks you through how to qualify for REPS status.https://www.aicpa.org/resources/article/tax-rules-for-real-estate-professionalsEntity Structure ComparisonBe sure to consult with a CPA or tax attorney as the entity structure you select can have a significant tax impact.

3 September 2024 | 17 replies
@Jason Hanson If you haven’t already selected a platform, you might want to check out Avail (formerly Rentalutions).

7 September 2024 | 85 replies
While the self-directed IRA is a great structure for investing into real estate and other alternative assets, the Solo 401k is widely considered to be even better.Compared to an IRA, Solo 401k contribution limits are roughly ten times higher and there is no custodial requirement for the 401k.