Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...

Hey there!Long-story-short, a friend of my father is interested in investing money in real estate with me (flipping). I feel that to keep waters clear since the beginning, a partnership agreement must be signed before...

There has been no previous occasion for this kind of downturn of economic activity. Recessions or severe economic slowdowns are usually caused by the exchange between economic and/or financial differences during the p...

This occupied my mind all day yesterday:
Probably every major city has some kind of free weekly magazines, full of ads, masked as a TV program, and targeted at the African American community, often lower income range....

What did you learn from 2020 to take into your business next year? For me - it was developing the habit of time blocking and being more productive and purposeful with my time.

Hi Everyone,   I wanted to throw out a situation I'm dealing with now and get some input on how I should proceed. I recently went to see a property in my neighborhood that I am sure is a great deal. ARV = 333k and the...

My first rental property had an existing section 8 tenant when I bought it. I was naïve and attracted to the 'guaranteed' rent. I'd rate the tenant a 2/5, as she didn't completely destroy the property and paid rent ev...

Hi Guys,I have found a property that appears on the surface to be a cherry deal! It's been vacant for almost 4 years, looks quite distressed on the exterior and peeking through windows, but from my limited and inexper...

Guys, I’m a relatively successful realtor here in Fort Lauderdale FL. My whole life (I’m 26) I knew I wanted to buy real estate to rent out etc… well I’m at a point in my life where I have some money put away to do so...

Has anyone here ever sued a bank for incompetence? A local bank here epically messed up a deal for me but I was able to salvage it (had to come up with an extra $10-15k in a day) and still closed, but their negligenc...