Troy P.
RE Professional Status for Spouse
Hi all,
I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE profes...
Cathy M.
Advice sought on getting started in buying Non performing notes
Hi everyone,Having been investing in real estate property for 8 years ( flips, rentals etc ) both here in the USA and in London I am now looking to get into the business of buying and selling notes. I was advised to s...
Cole Vanderwest
Looking for someone with expieriance in wholesaling
Good afternoon all, I am trying to get into wholesaling and was hoping that someone would be willing to answer a few questions of mine.
Phil Sirmarco
Finishing first flip and looking for next need financing
Would like some advise on financing. I am finishing my first flip in NJ. I bought the house for 60k put 60k into rehab(all my own cash). The value after rehab is around 170k. I am looking for advise on how to move to ...
Steve Davis
Do I need to set up a new corporation for each rental property?
Hello Bigger Pockets, I buy, build, and sell houses through my current corporation that we will call ‘buy&flipincorporated’. ‘Buy&flipincorporated’ only performs flips and owns zero rental properties. I am cl...
Cian O'Donnell
Calculating Build-Rent-Sell Vs. Build-Rent
Hello All! I am investigating a project whereby we may build-rent-sell or else build-rent and not sell so the asset can be passed to the next generation, and the cash flow would make up our income until that happens. ...
S R Scearp
inspection and first offer
I am looking at purchasing the 3-unit that I've been living in for the last 6 years. The seller is not putting it on the market because he doesn't have a timeframe to sell, but at the same time he would prefer to get...
Jin Zhang
questions about traveling nurse background check
Hi everyone,
I am thinking about renting my empty unit to traveling nurses. I have some questions about the background check. Since it is a relatively short term stay (3 months) compared to long term tenants.
Do yo...
William Behm
Solo 401k 1099-R for in plan Roth conversion
Hi All!I have a Solo 401k and the company that set-up is not very helpful in providing info on how to properly complete a 1099-R for an in-plan conversion of moving funds from the Traditional bucket to the Roth bucket...
Mark Cohen
loss of rent insurance
I know there is a concept of loss of rent insurance if there is a fire or something. My question is if there is a concept of an insurance policy that will guarantee a specific noi number.For example if I am buying a ...