I have a For Sale By Owner house under contract. The closing deadline is February 29th, which is this Monday. I received a text this morning saying: "After a lot of thought and discussion the past few days, my husban...
Hello Everyone! I am looking for some advice regarding the 1099 / 1099-NEC tax forms and whether or not I must issue these to contractors for my specific rental property. I currently own just one property (a duplex) a...
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Hi BP Community,Been watching BP podcasts for a while and learned a whole lot. Joined the community a few months ago and today signed up for one of the bootcamps and got the Pro membership - whoohoo! :) I have a situa...
I just wanted to see what the STRers out there are doing. I've heard some folks on BP comment that when they are listing their STR on AirBnB (which I'm about to do), they feel comfortable that the legal contracts on A...
About 5 months ago, I began my journey into Real Estate and I came across Bigger Pockets. It’s help to completely transform my life and goals. Reading the forums, the recommended books, and talking to other BP members...
Hey guys! I have one property I manage myself and am getting ready to buy another. I heard or read some really good advice on here which was to tell your tenants you are a property manager and don't actually own the...
In short, I have a tired landlord with 9 units (4 Duplexes & 1 SFH) they want very badly to get rid of. They just want them off their hands. Rents are WAY below market and they have no clue what they are doing. Th...
Would like to know how others are structuring their rentals?If you have more than 10+ residential properties, how do you structure it? Put them all in one llc? Wouldn’t that be a liability though? Would love to hear f...
I purchased a home through foreclosure through bidding at the county auction. The foreclosure was performed by the first mortgage holder, and the title search is now coming back clear. I've rehabbed the property and...