Janis Dikis
Does FIRPTA apply to wholeselers
Hi! I really need your help to understand this issue. "Under the Foreign Investment Real Property Tax Act (FIRPTA), when a US non-resident sells real property, 10% of the gross sale price will be withheld for the IRS ...
Paul Birkett
Chicago metro tracking at +5% this year....too low?
Chicago BP'ersIm doing some analysis for our upcoming sale of REO and Non-performing Notes in Chicago. Case Shiller has the market at +5%. I think that's conservative......I spoke to a handful of REO brokers and they ...
Brett Burky
Commercial Note Purchases - How Does It Work?
Commercial note purchases are different from residential and we'd like to learn from experts in BP on how that happens. What are the glaring differences? Is it less or more steps in the closing? Is anyone an expert in...
Kevin Kim
Mold Issue - Should we sell or hold?
I have purchased half duplex in Connecticut a year ago (home price seems to be up 10% since i purchased). This house was very nice and clean (build later 1980) My tenant recently claimed there is mold on 1fl (it is li...
Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
H Patel
Hotel Industry Expert
Hi BP Members,In search of any real estate hotel industry experts willing to field some questions. I run an independent lodging property looking to discuss traditional and non traditional options. I have been in touc...
Ashish Luthra
Starting out in a non-US country
I am currently living in India and working my way towards immigrating to Canada. I am new to this amazing forum and wanted to know from the experts that how much of the knowledge and experiences shared here are releva...
Edward P.
What are the current rates for investment properties?
Hi BP,Where can I see the current rates for fha, owner occupied loans. Is there a website to follow these rates?Thank you.
Sandra Quinn
Tenant not paying rent?
Dealing with a tenant who isn't paying rent can be stressful, but it's a challenge many landlords face. If you’re facing a situation of non-payment or late payment, start by communicating clearly with your tenant abou...
Keith Frazier
Newbie Introduction-Brooklyn NY
Greeting Bigger Pockets!
My name is Keith Frazier.
I am a Real Estate Broker from Brooklyn NY.
I am very interested in gaining knowledge from Short Sale / Foreclosure experts Nationwide in ...