Do I pay taxes on flips What do I do
So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
I saw a thread like this pop up a while back but instead of reviving it I want to hear if anyone has any fresh suggestions/opinions. As the title states, my wife and I want to leave CA. I feel as though even though I ...
BP brothers and sisters, I quit the last job I will ever have today to focus on RE investing. In 2003, while working in corporate America someone suggested Rich Dad Poor Dad to me. Eleven years and 28 properties lat...
Hello,
So, the inspection report came back with multiple hazardous flags that needs to be addressed , but the most one that it is expensive (25k cost) is the" knob and tube issues "of the electrical stuff. Its old ho...
Hey guys,I was just wondering if has gone through the process of a bank calling a loan due on a subject to closing? I would be really interested to hear how it went, how much time you had to correct or what actions th...
What do you invest in when all the cyclical investments seem to peak at once?In my humble opinion:Real estate is due for a correction.The stock market is due for a big correction. Every currency is on shaky ground.Pre...
A recent BP blog article by Scott Trench had the phrase “. . . guys like us here on BiggerPockets . . . “ I commented about the gendered language, because if people don’t realize they’re doing it, it can never change....
Just curious how many of my BP family has experienced negative pushback from family members when you discuss your real estate goals with them? I remember watching one of the webinars recently where they talked about t...
A housing bubble is a run-up in housing prices fueled by demand, speculation and exuberance. ... Speculators enter the market, further driving demand. At some point, demand decreases or stagnates at the same time supp...