#AskBPSo I have an opportunity on a mutli and playing around with the rental properties calc here on BP (unlimited usage is why I upgraded to Pro - worth it). All my #s stay the same but altering the income /expense y...

Here’s the answer:

To qualify as a Real Estate Professional (RE Pro) in 2024, you need to meet certain criteria set forth by the IRS.
Here are some of the key requirements:
1. Material Participation in a Real Est...

Quick question... I'm about to put my first wholesale deal under contract. Should I use my personal name on the contract or my business name? I've heard both but the business name makes more sense to me. Thoughts? I s...

A fellow investor told me that he was using a tactic recently whereby he has the buyer sign a quit claim deed at closing. The seller-financer does not file the deed unless the buyer defaults on the note. The buyer u...

Hi all, I just passed my license exam and went through the fingerprinting, and am preparing for the transition to full-time agency.  My question is: Should I take a crack at selling new construction, since the Phoenix...

I was also looking at a Book called “every landlords legal guide” for the fact I want to learn about preparing a lease, the precautions when evicting, and how to screen tenants. I was wondering if any of Brandon turne...

I’m currently going to college for engineering and have started to learn about investing in real estate. My plan is use my engineering salary to invest. I also have started my own painting business in college to make ...

Hey all! I'm preparing my very first direct mail marketing campaign, and I'm at the stage where I'm choosing which marketing lists I want to mail to. I've defined the following criteria so far:- Farm Area (cities, zip...

This is my first winter as a land lord and I was hoping to gain some advice on how to make it through. I have already been hit with a few snow storms and the (really) cold weather is coming in this week.Any thoughts w...

Hi everyone,aspiring real estate investor local to Twin Cities, MN and long-timer lurker on BP forum, podcasts and YouTube. Looking to get a cost segregation study done and looking for referrals and recommendations. T...