Please explain the pre qualification process on a loan. I currently filled out a questionnaire from a broker but now he is asking to completea , “document checklist with a list of documents needed for your loan qualif...
Hello, fellow real estate enthusiasts!
First things first, let's talk about my background. I'm currently a college student at the University of Cincinnati, working hard to expand my knowledge and skill set. But that'...
I am a new landlord renting out my first rental property. Does the IRS consider rental income as regular income and tax accordingly (30%)? Are there any special tax breaks or deductions?
I would like to know people's opinion on an idea I have below. I have some (but not a ton) of experience renting and selling properties and would like to know if something is flawed in my logic. Of course I would do a...
Now that I am underway, What are some good ways to start finding those off-market deals? I have little to no time as is to get out and search. what I would like is what do the lovely people in BP forums think are the ...
We are sure you have noticed a number of changes in the real estate industry during the past 14 months of Covid. Some of these changes have benefited the 3rd party property manager and some have hurt. Here are five ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $230,000
Cash invested: $55,000
Direct mail campaign lead to off market sale of small tri-plex. Worked to re...
Hey everyone, I've recently passed my NJ license exam and will be affiliating with a broker soon. I was wondering if you guys and gals had any advice for a new real estate agent looking to hustle his way to success. A...
I'm looking at going to school in Texas after the military, but I want to start investing in Real Estate now. Is there anyone in this situation or have advice?
Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...