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Does the "Purchase Option" system work?
I just read an article about a system called the "Purchase Option" system. Basically, you find a motivated seller and offer to lease their home for a number of years and then have the option to buy them out at the en...
Walt Giroir
Incorrect Survey done 15 years ago
I am in the process of selling land in Texas and have been informed that the survey done 15 years ago does not align with a recent survey done with a neighboring property. Seems like title insurance should cover this...
Luke Langhals
Property Management Company Startup Questions
We currently have an LLC that holds our residential rental properties. Tenants pay rent to that LLC, that LLC pays the property taxes, and that LLC hires contractors/handymen. We do pretty extensive renovations after ...
Travis Kellems
Non-Renewal Lease Letter Vs Notice to Quit
What is the differences between Non-Renewal Lease Letter Vs Notice to Quit?
Marcus Lane
W2 & 1099 Realtor - Real Estate professional designation
Hi Bigger Pockets Community,
New member here...Im looking for some advice on whether I should be classified as a REPS or not for 2023 Tax year as my CPA isnt much help on determining if I should make this designation...
Account Closed
Basis when purchasing subject-to
@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...
Clay W.
New investor - need advice
Hello - I have finally acquired my first rental property (a duplex) and I plan to get my feet wet and manage myself to not only learn but save money since property management doesn't pencil at this point.One renter se...
Renee Pie
Maryland Preforclosure Laws
I've been reading and reading and reading about strategies and all things REI. I've learned about preforclosure and subject-tos, etc.
But, I've also learned that Maryland has squirrely laws about such things.
As a ...
Ronnie S.
Los Angeles Licensed Contractor abandoned my project....
Hi Biggerpockets Team,
I hate writing, hearing or reading about anything like this subject but my Licensed contractor abandoned my project.
This guy was a referral from a co worker (her husband) and my due diligence...
Jenny Nguyen
Can I deduct cleaning expense from tenant's security deposit
My tenants moved out but didn't clean the house thoroughly, especially the kitchen, closets, door, light switches. The house was very clean when they move in and much more dirty when they move out. I asked them to cle...