Cooper Marcus
RE Professional - can I deduct losses from rental AND syndicate?
Assume that (in a given year) I'm a Real Estate Professional, and I've passed both the 750 hour test for my real estate activity and the 500 hour material participation test for a rental property I own and manage. Ass...
Justin Silverio
Not paying a realtor?
I got a call yesterday from a homeowner who wants to sell their home. He owns the property free and clear and is willing to sell it to me for $60k. Unfortunately, the property is currently listed with a RE agent (li...
Sharon Hsu
Real estate tax in California
Hello everyone,I live in California but I recently sold my rental property in Ohio. I experienced a loss in terms of property sale and operational costs (managing and maintaining the property etc). Does anyone know wh...
Chad Carson
How will you use real estate to retire early?
Hi fellow BP members. I'm helping Bigger Pockets work on a project about using real estate investing to retire early (aka achieve financial independence).Would you mind taking a brief survey (mostly multiple choice &a...
Andy Parsons
housing meltdown in california
anybody read the article in yahoo news last night?
http://finance.yahoo.com/real-estate/article/104340/Housing-Meltdown;_ylt=Ai901LEwyqLqzknB1gjFYe5O7sMF
Some "speculators" are calling for a 25% reduction in price ...
Dolores Ruiz
REO PURCHASE
I am a new investor and recently submitted a bid on a Property (REO),
it is listed for $300 and needs alot of work. My contact suggested I a bid of $270. I wanted to bid 70% or 80 % of the asking price . The prop...
James J.
I need a contractor in Detroit to REHAB a Motel (60 rooms)
Can anyone recommend a good GC in Detroit for a Motel Rehab? We're looking to get started right away with this project. Any recommendations would be greatly appreciated.Thanks
Justin Knighten
What to do about mice
We have a cabin in a wooded area that we're Airbnb'ing. The cleaner let us know that she found mouse droppings. If it were my house, I'd set a trap and deal with whatever we catch. I'm hesitant to do that here for ...
Uriel Gonzalez
Cirumvent the 90 day Fannie Mae deed restriction
I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...
Juan Erick Rico Avalos
Should I remove a good tenant for more cashflow?
Hello BiggerPockets, I am closing on my first rental property in a week. This property is a duplex that I will be house hacking. Both units are occupied at the moment with Long term tenants. Both have been living ther...