Can you guys teach me these rules50% rule70% rule1% ruleand more rules. 

Are shareholders to take a percentage of total deductions based on their share of income  on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...

I typically view the rehab cost as a separate bucket as my downpayment.   For COC I typically look at how much I put down, and then divide my net returns against that downpayment.  I don't include the rehab costs as I...

Has anyone tried or used the HomeStyle Renovation (HSR) mortgage (https://www.fanniemae.com/singlefamily/homestyle-renovation)? The loan says the amounts typically fund between 65% – 95% of a property’s purchase price...

Everyone I spoke to who has a career in real estate as an agent advised me that is imperative to learn from a mentor that is familiar in your market. I agree that having the right mentor would help new agents out exce...

Hi guys,We've invested in townhomes up until now, but currently have an accepted offer on a condo.I just received financial statements for the last 2 years. I don't know exactly what to be looking for, but generally s...

When do you need to update electrical and plumbing on a flip?I am newer to the house flipping business, and a clear cut answer to this question has been evading me. For example, I am looking at a property built in 195...

Hello! I have a family member who is willing to loan me the down payment for a new property. They would also be able to cover most of the renovation costs. What type of loan should I be looking to qualify for? I spoke...

Hello guys,I have a question that I did not know where to go to for insight and advice on, and I figure if place can give me insight, it will be BiggerPockets.I am looking to partner with a colleague who has been buyi...

How can you tell if an area that you're looking into is great for flipping, the BRRRR Method or long term rental?