Ashish Acharya
Real life example of the real estate professional status
Recently, in the case Birdsong, doctor's wife demonstrated that she actively and extensively managed their rental properties and was therefore a “real estate professional”. RE professional is not limited by the passi...
Wendy Black
Property Management Expectations
We have an IRA house (in an HOA area) with a backyard that faces a manmade lake. You can see through the fence. While the PM supposedly walks the property every 3 months, it's been us at various times who has discov...
Holly Sarria
Advice on Florida markets
Hello fellow BP members,My husband and I are newbie investors from Los Angeles currently in the educational phase. We are looking to pull the trigger on a deal by the end of this year. We have about $20,000 saved up a...
Account Closed
Lack of practical constructi?on knowledge hindering real estate investing plans!
Investors: How can I learn basic construction?
A little bit about myself: I work in commercial real estate for the federal government, doing portfolio management (office properties). I'm also an MBA student at nig...
Bryan Hancock
ROE - Return On Equity Vs. Return On Effort
How much of an average flipper's or developer's ROE is really return on EFFORT for the E component? I consistently see returns cited for ROE, cash on cash, ROI, etc. and it is seldom true that anyone calculates their...
Andrew Clark
Weekly, Bi-weekly Rent, Property Management Software
I have searched high and low for property management software that is capable of tracking weekly, bi-weekly and monthly rents. Every company claims there is a way to do it with their software but it's not designed to...
Benjamin Beyer
Updating from two prone outlets to three prone outlets
Hi BP Nation,I am currently house hacking a two-family home in Milwaukee, WI. I've been making updates throughout the property as needed and one of the things I noticed is that all the outlets upstairs are "three pron...
Justin Summers
Dealer vs INvestor IRS classification
I own a Real Estate C Corp that Flips properties. I also own a construction/ design company that gets paid from the C-corp through a 1099 each year when I do construction or design services for the C Corp.
Averagi...
Curtis Robbins
Finding your target market
So I'm planning to buy multiple properties in Indy for 2019 (3 or more). I've lived here all my life, and recognize good numbers when I see them, but I'm really struggling to determine a targeting approach. I'm a comp...
Dina V Jimenez
Where do I find my first investment property?
Hi guys we are moving to Texas and I'm going to start investing in real state but because we know nothing about flipping houses or wholesaling we are buying a primary staying for a year and rent it out as soon as we a...