Tim DiMario
Brand New - In the Research Phase
1 August 2024 | 29 replies
Make connections with people by participating on the BP forums, going to meetups (@Andrew Freed has a great one in Worcester and I run one in Boston).
Michael Calvey
Unpacking the Rent Crisis: It's Not Just Greedy Landlords..
6 August 2024 | 54 replies
Quality and a flight to primo will remain the common theme in the solvent participants.
Brian M.
30-day rentals viability?
1 August 2024 | 13 replies
You eliminate the STR loophole which allows adjusted material participation qualifications
Dan McGrew
Prospective tenant says 3x income requirement is not legal
30 July 2024 | 18 replies
We used to just say we no longer participate in Section 8 program but new laws eliminate that option.
Anna Nevarez
Can an LLC report one rental on Schedule C and the other on Schedule E?
29 July 2024 | 9 replies
I hold two properties in an LLC, one property is currently a STR with less than 7 night rental on average and I provide hotel-like hospitality services and materially participate.
Michell Chase
Alot on information on offsetting W-2 income but not much on 1099-R income...
30 July 2024 | 8 replies
@Michael Plaks is spot on - character wise, 1099-R income falls in the same "bucket" as a W-2 wage would be, thus to offset this income with real estate losses, it follows the exact same pathway (ST rental with material participation or REP status with traditional rentals), but since you don't have all your time sucked up with a W-2 job, you have much greater flexibility to hit those related hours thresholds under those paths as well.No idea if he's taking clients - but if you are looking for local(ish) and qualified in TX, Michael is also likely a great one to reach out to.
Lucas Hannon
What should i be doing untill i purchase my first deal?
30 July 2024 | 8 replies
No sub 2, no big leveraging, no “participations” — if your aged grandmother doesn’t like it, or understand it, don’t do it.Mentors and gurus are not worth the money.
Madhuri Gupta
Calling Flipsystem participants
26 July 2024 | 8 replies
Hi,I would like to connect with other "students" of Flipsystem. We have paid a lot and need to make the most of each others learnings. Unfortunately, the only way i can think of to do it freely is on Bigger Pockets. P...
Glenn D.
Finding Private Money vs. Hard Money Lenders In North Dakota
29 July 2024 | 19 replies
Tell everyone you meet what you do and how they can participate.