Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...

One of my client's asked me if I had to choose a portfolio between one 15-unit apartment or five single family homes, which would I choose? If all numbers were equal (purchase price, repairs, cash flow, expenses, etc)...

Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...

I thought I'd start a thread on trading. If it garners enough interest maybe we can get an off topic trading forum going. I've learned there are not many trading sites out there nearly as fun as biggerpockets.

I bec...

Hi all, I am new to BP as a newbie investor. I have been screening deals on MLS for over 200 listings and it seems it is mission impossible to find a deal that is even close to 1% rule. Any thoughts, folks?

I have read that MFH are valued via their cash flows, not the typical supply and demand that SFH are valued by. That said, I'm considering selling my portfolio of SFH to buy a huge apartment complex, a few million buc...

Hi all, I have a question hopefully someone with some expertise may be willing to help with? Should I 1099 an investor for only the profit or should I 1099 for the initial investment and the profits?Back story... A fa...

The Rich Dad guy..

A realtor sent me a foreclosure listing today that within 7 hours had 6 written offers. This is not surprising as Nashville is a hot market. I like the way the numbers are looking and am ready to make an offer. I'm he...

I was inspired today about WHY I want financial freedom."Whatever causes us to be dependent on someone else for decisions or resources we could provide for ourselves weakens us spiritually and retards our growth towar...