Melanie Baldridge
Being RE PRO is worth it.
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.
This is exactly what real estate professionals have ...
John Stamos
Real Estate Professional Status - do RE licensing hours count?
Hi, I looked into REPS and my spouse meets most of the criterion. My question is the following…
Do the several hours taking a Real Estate Licensing course and exam count towards Real Estate Professional Status? My sp...
Patrick Flanagan
Tax Benifits of a real estate pro
I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you
Alice Chau
Does anyone have any experience on sloping floor in foundation?
Hello,
I have put down an offer on a duplex in the Bay Area and did an inspection on the foundation and found that the floor was sloping due to the soil in the area. The inspector said that the fix or re-leveling wo...
Alexia N.
I have 2 important questions about wholesaling !!!
Question 1:When talking to a seller, you’re supposed to introduce yourself & say what company you’re calling. BUT... not everyone who is doing wholesaling is doing it from an actual real estate business. Some of u...
Joanna Mendoza
Advise needed for 1st Investment Property
This is my first time browsing this forum. Please be patient with me. I am sure some of my questions have probably been answered before. My aunt purchased a property in Tucson Arizona with a single family house. The h...
Ember Meadows
Alan Cowgill and Private Money
Hey I went to my local REIA meeting last week and Alan Cowgill was the guest speaker. He is one of the gurus out there about getting private money lenders. Just wondering how many have used his curriculum and what th...
Angelica Byrne
New to this platform. Need advice with Airbnb Arbitrage
Hello everyone,I am newbie to this network and with investing in general in real estate. I have come across a few investing academies that help you set up an LLC and pretty much hold your hand in setting up your first...
George Habator
What land costs can be deducted?
Hi, all. I bought a teardown house as an investment and tore down the house. The property is currently a vacant lot. What gets expensed, what gets depreciated and what gets saved as the basis in sale? There are closin...
Russell McCarthy IV
ROOKIE looking to get his real estate license.
Hello everyone my name is Rusty and this is my first post on BP! Seems like a great resource so I wanted to take advantage of it and get advice from others who have been in this business for awhile. I’m brand new to r...