My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...

Hi all!I always love listening to the different podcasts that are made by people in the BiggerPockets community such as this one, Wiire, BiggerPockets Money Podcast and more.
As a native from the Raleigh, Durham area...

I have been researching real estate cycles and found real estate economist Homer Hoyt theory of 18 year real estate cycle in the 1930's. In the early 90's economist Fred E. Foldvary predicted the real estate crash in ...

Hello Everyone at BP.

I have been reading, researching real estate investments and strategies for many years. For the past few months, I've been hooked on BP. The thing I like the most on this forum is people help...

I was wondering if any apartment building owners ever considered converting their units so the living room becomes a bedroom.  This would only work if one didn't need to cross the living room to get somewhere else.  I...

We purschsed a triplex with an existing tenant in one of the homes. Her lease ends in Late January. We need to repair the siding, paint the home and replace her windows. This project will take 2-3 weeks. We will only ...

Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...

Hello BP,I am looking for a quick checklist or list of good questions to ask when I cold call multi-family or mobile home park owners asking them if they'd be interested in selling. I have recently pulled all of the t...

Hi all,

I bought a 3b 2.5b townhome in a rougher part of Raleigh in 2022. I definitely overpaid and was a bit misguided. It was my first and only investment and has overall been a really challenging and discouragin...

Hey BP - we have a SFH that has been a LT rental (only 2yrs) but with same tenants, who are asking if we’d be willing to sell off market, in the next 90 days. Their current lease extends to  April 2025, which at that ...