Hi BP,I've been looking at potential rental properties with no particular location in mind and came across homes in Danbury CT. According to Zillow, a great amount of homes here that are in the $200-300k price range h...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
Hear me out... people keep talking about how they're making their own website, using direct booking software, etc. But 3 major potential negatives come to mind
1. No protection. If a guest damages something, or trash...
As I'm readying myself to purchase my first property this year, I'd like to know if it is common and highly recommended to have a general contractor to accompany me during a walk through of a property of interest to h...
My wife and I are seriously considering jumping into real estate, thus being on this website. I've started reading a bit and we're hoping to purchase a multifamily unit here in Chicago as a "house hack." One concern I...
Hello BP,
I have advertised for lease on the shop window of one of my commercial units and yesterday I received a phone call from someone who told me that he has his own construction company so rehab s...
So my tenants have not paid rent yet this month when due by the 3rd. I went by the house and the mailbox is completely full but there is still furniture in the house. Mail dated August 31st is still in there. Th...
For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
We purchased our first investment property this year, and are currently accepting applications. The property is on a 1/2 acre privacy fenced lot, so we are allowing pets as we figure with that large of a yard animal o...
Hi Everyone,I am based out of San Fernando Valley in LA county. If anybody is else also near by would definitely be great to meet up or connect. I am looking for real estate meet up groups.Given that I live in SoCal, ...