Jacob P.
Illegal electric install found after closing. What would you do?
I'm a couple months into owning a rental property in NY. Bigger Pockets was a huge getting it nailed down! Now I've got my first post-purchase question.The home I purchased was a gut renovation flip. To make a long st...
Michael Plaks
How 0% capital gain rate actually works
"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...
Marvin Hernandez
Are flip contractors reliable these days?
Hi BP CommunityI am looking to teaming up with a reliable contractor for my rehabbing homes business, but are contractors reliable now a days?What do you look for on a contractor you plan to work with?Is it fair to sa...
Account Closed
Networking at REIA Meetings a Waste of Time??
Hello everyone,
I had some questions about networking at REIA meetings. I've been to five of my local REIA meetings since last Fall and I have yet to meet anyone who is willing to give me the time of day besi...
Jennifer Cheu
Seller claimed final offer?
Hi BP community, I am in the midst of buying a 3 family property, the list price is $440. My initial offer on the house was at $420k, which was beat by an above list offer. Lucky for me, the offer from the other par...
Tom Vallatini
owner financing
Hi I am looking at a deal listed for sale with a realtor. I wanted to ask if the owner would look at doing owner finance. What is the best way to approach the realtor? New to this site thanks Tom
Javier Bustos
Property management companies. Pros and Cons
Hey everyone,Getting started in REI here. Haven't bought anything yet, still doing research. Can anyone give me the story on management companies? Should I use one or not? How do they make a profit from my (future)hou...
Michael Calvey
Tenant Screening Secrets: What's Your Magic Formula?
Managing a rental can be as tricky as a high-wire act, especially when it comes to picking the right tenant! A friend of mine, who not only manages but also lives in his triplex, is about to face a vacancy. He's con...
Randy Achi
Dedicated in getting into rehabbing, house flipping, and BRRRR
Hi everyone! I'm currently looking to get into real estate, and I find house flipping and repairs an interesting category to get into. However, I have very little knowledge about getting started. I have watched a few ...
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
So, I recently listed a property for rent or for sale by owner. I have had several inquires about the property as a rental and the majority of them have been people on disability benefits. I know enough to know that...