Jorge Abreu
📄 Performing a Due Diligence
It typically involves the following steps:
1.Seller Deliverables. Request a detailed list of documents and information from the seller, including financials, leases, contracts, capital expenditures, surveys, environm...
Nicholas Dillon
Taking additional cash from a 1031 exhange
I am curious of something. If you sell a property, and do a 1031 exchange with the proceeds, but don't need all the proceeds for the down payment of the next property, are you taxed on the additional profit that isn't...
Aristone Louxz
I've been offered 100% Financing for buy and hold projects. Is this a good deal?
Hello BP Community,
Currently I have been buying and flipping properties in and around the Philadelphia area. I have been offered an alternative investment opportunity to flipping. First, here's some background on...
Bailey Kramer
Short Term Rentals versus Mid Term Rentals
Curious on your opinion on short term rentals versus mid-term rentals? While short term rentals typically provide higher cash flow, mid term rentals help to provide stability. What type of rental do you prefer and why?
Missy H.
Do I Have To Waterproof My Concrete Steps
The front steps of my house is starting to crumble. The tenants used snow salt this past winter which cause the concrete to begin to deteriorate at the edges. I called a concrete/mason company an he said that partof t...
Franklin Curry Jr
Vetting the experts.
Hello BP Community,As my wife and I get closer to getting our first deal of a live in flip I keep having this nagging question in the back of my mind. How do you vet experts? We know we may need a general contractor. ...
Robert Muzyka
Should I flip a property in my own name or start an LLC?
I'm new to investors and plan on doing my first deal in Q1 of 2020. I'm going after a flip and likely will partner up with a brother of mine to share the work and down payment, and we'll be funding the rest of the de...
Account Closed
What activities actually matter for real estate professional status? (REPS)
Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...
Harsha G.
Private Lending - Passive Losses on Schedule E
Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses? Perhaps as a syndication or credit fund?
Patrick Frueh
Halfway House Arbitrage?
Howdy Bigger Pockets Folks,
I'm exploring a form of arbitrage with a potential tenant who is looking to provide halfway/bridge housing to the formerly homeless. They take single tenants who have been approved for ...