Alex Stopka
Newbie From New Jersey. New to Forum & Real Estate Investing
Hello all. My name is Alex. I grew up in NYC but now live in western New Jersey (the actual garden in the Garden State. lol) I currently work in the trades building electrical power lines for a living. It is good...
Soddee R. Knight
Best way to accelerate growth
Just some background to help you guys get a full picture of where I am and where I want to go. I am a 29 year old guy who has a law degree and well over $140k in student loans. My student loans have not kept me from g...
Patrick Hart
An Ethical Conflict: Wholesaling as a RE agent
Hi BP gang,As an agent, you have a fiduciary responsibility to look out for the best interests of your clients. This, in many cases, means obtaining the highest offer for your client's property as possible. I understa...
Yolanda Williams
Flipping Income Gain
What amount is considered income on house flipping for tax purposes?I purchased a home for cash-no mortgage for 25k put 25k in repairs in and sold for 79k, net 71k. How can I defer or decrease the taxation on income. ...
Thatcher Glode
New Colorado investor with several questions
Hello BP,My partner and I are planning on buying and holding multifamily properties in Colorado. We are trying to figure out where to buy in Colorado. We are planning to buy multi-family units and are trying to find t...
Jonathan Oakley
Best college degree for real estate
Hello everyone,I’m a senior in high school this year and I’m currently taking classes to get my real estate license so I can begin selling properties this summer. My plan is to sell throughout college, and invest into...
Account Closed
Looking for lender recommendations
Hi BP, I have my first deal under contract and now have run into some issues with my current lender. He hasn't been able to communicate clearly what the loan requirements are and I'm afraid to be left stranded. I've f...
Rosanne Muschenheim
Sell house or try to rent
We bought our first house, a fixer upper. Have put a lot of love into it and re-done pretty much everything. We have money to put into a new property, and we'd like to live by the beach. We can't decide if we should s...
Mat O'Grady
Homepath Penalty
Hello All,
Has anyone or does anyone know someone that has had to pay the owner occupant penalty for the Home Path First Look program? Either because they were not moved in before 60 days or because they sold...
Sarah Jordan
Wholesaling Auction Properties
I am brand new to REI and have been watching the auction properties. I found one that seems to have a very high resale value for the relatively small starting bid price. It was built in 2019, and from the looks of the...