Scott Pigman
Realtor gave our lock box code away
So how's this for a shady situation,Yesterday, I'm working from home - a house which we have on the MLS as a rental.Some realtor -- and we're still trying to figure out who exactly she was,1. Did not schedule a showin...
Austin Fox
Self-Manage vs Property Manager
Hello Biggerpockets,As I continue my research into making my first purchase, I have never been a landlord before. I have lived in an apartment so I have an idea what it is like but not from the other side. What are yo...
Stephen Sawrie
"real estate professional" designation
so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
Heather Fullerton
Best way for my mom to gift me her condo w/o capital gains tax
My mom bought a condo for 150,000 over 10 years ago. Probably worth 190 today. She has rented it out for several years and now wants to give it to me. Shes figuring she will have to pay about 30,000 in capital gains t...
Hannah Price
Thought I'd get the best response from this forum topic.
Hi, BP friendly names and faces :)Long time lurker, first time poster.How often does one have the opportunity to help out a seller without profiting from a sale?SO.. Here's what I did today:I got to make a cash offer....
Marina Wong
Special financing creates value
I am a first time investor in multi family. In the process of purchasing a multi family in Lowell, MA. The seller is financing at 15% down, 5% interest rate, 30 yrs amortization, 15 yr balloon payment. Due to this,...
Teresia Sayler
tax treatment for lease option income
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Alex K.
Los Angeles too expensive to invest for newbie ?
I live in Los Angeles and I am trying to find my first deal to buy and hold . Should I look for deals in Los Angeles or out of state ?
Michael Shuster
Why The Rich Get Richer - They Buy Low-Sell High!
Over 90% of the population are are trapped in the rat race.
One of the reasons the rich get richer, the poor get poorer, and the middle class struggle in debt is because the subject of money is taught at home, not ...
Brendan Curley
Paying off house within 5 years...
I stumbled across this guys website this past weekend and read this post. I just wanted to know peoples thoughts on this and if you believe it would actually work?
How to pay off your house within 5 years using the...