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To qualify as a Real Estate Professional (RE Pro) in 2024, you need to meet certain criteria set forth by the IRS.
Here are some of the key requirements:
1. Material Participation in a Real Est...

What are the characteristics of a recession? We are seeing the characteristics now as the economy slows down... Real estate is not valued on anticipated rent or construction cost increases. Loans are hard to find. Cas...

Is there anyone that could give me ANY guidelines on how to correlate the value of a laundromat based on the use of utilities?
I understand there can be a lot of variables there, but am trying to value a laundromat. ...

Is anyone in the Orange County, CA area willing to let me shadow them throughout saturday and sundays? Im currently an active duty Marine looking to take advantage of my extra time to better prepare myself for when I ...

Greetings,I am a active duty Army Officer. I currently am married to another Officer who is getting out. As she prepares to exit the military, I’m realizing I’d like to have a plan once I’m ready to leave (15-year pla...

Hi BP community! Newbie here. We are preparing to list our current home for rent and become landlords. This will be our first investment property. I'm a little overwhelmed on where to list and where to screen and the ...

I recently joined with the hope of buying properties to rent out.  I have around $10k cash and $15k equity in my home. I'm becoming discouraged because a decent property in area (Southwest Ohio) would be $80k - $100k....

Good Morning,My name is Evan and my wife and I are planning to move to Phoenix in June, 2022. I am an active duty service member moving on orders and we are interested in purchasing a multi-family residence. We intend...

I'm using private money for the first time and will be selling one of my projects within the coming weeks.  The title company is asking for a payoff letter from the private lender.  I do not think my lender is able to...

Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...