Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...

Just got a call from DBPR. That is the Department of Business and Professional Regulation in Florida. They regulate licensed and unlicensed activities. Their call was in relation to an unlicensed broker complaint I fi...

Hi!First Post on Bigger Pockets:  I've heard about the 1% rule of charging 1% of the property's purchase price for monthly rent.   I've even heard about the rule being called a 2% rule.  I'm just getting started in re...

Hello BP World! I've recently completed my biggest project yet which included a renovation cost of approximately $95,000, multiple offers, a quick sale to a military couple, and a happy closing! :) Buying the property...

I apologize in advance for the long post but I want everyone reading this to have the details. I have a turn of the century triplex in old town that is fully occupied.  My sewer line for this property exits out the ba...

All the gurus, etc promoting unlicensed brokering forgot to mention this: many of their ideas are illegal in some states. In Florida, you cannot advertise property you do not own even if you have a contract on the pro...

Not going into detail but I am going to be making as much as 7 figures next year and the following years will be 7 figure minimum. Eventually multiple 7 figures which is very possible my company. I want to play this o...

I am an investor in Cleveland, OH.

When opening a boarding home, the city requires you to attain a permit.

Now If your home is in the proper district, and everything is up to code, can the city deny me a permit be...

Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...

Breaking my left hand in a bad accident has taken me out of the real estate game for longer than I hoped... I've recently started looking again and have quite some interest in this one particular property. Numbers:

B...