Since I see the question every day on BP. I guess I'll start a discussion on it. To the newer investors out there that want some advice starting out. Recommendation... Create a stable income first and then start inve...

Hi Biggerpockets Community!I recently bought a primary residence in San Pedro, Los Angeles. There is a huge 3-car garage on the property and I was thinking about converting it to an ADU. I later learned that it may be...

Hello BP FamilyCan please someone explain me. If you would like to use the money saved up in your 401K. to buy a buy and hold how does that work?Any help will be greatly appreciated.ThanksBianca

All,Does anyone who is building a spec house create a "bid package" and send it out to the local contractors for bids? Anyone GC themselves and split it up (site work goes to one group, framing to another, etc) and ha...

As the title says, for those that have been doing this for at least 10+ years what would you do differently if you could go back and start over? I have a successful business I own that makes a $250k+ a year, cash stas...

I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...

In the ideal circumstance the title of all your properties will be under a corporation and all transactions and deductions under the corporation so any profits or loss will flow to your personal incom.  However, since...

Hello All, I am a new member to this site. I am from Long Island and within the next year I plan on really getting involved with Real Estate. I current have a Real Estate license and I am looking to work for any in...

Regardless of your political leanings,  the 1031 Exchange is a great investment tool.  This administration needs cashflow and they plan on some changes that would eliminate or curtail YOUR profit.  If you are just sta...

Hello BP'ers!(A bit of a long bio/intro but thanks for the read if you're inclined)!
Having grown up in the Alberta/Cully neighborhood of Portland I witnessed the change and incredible growth the city has experienced...