Hi everyone,Can someone kindly explain the phrase underlined below in simpler English? A qualified real estate professional is a taxpayer who owns at least one interest in rental real estate that:
Performs more than ...
Hey, I was wondering if anyone could help me with this. It's different to say the least. I'm working this deal with a seller in foreclosure. I've got seller to agree to let us take the mortgages subject-to and give ...
I’ve been listening to the podcast and talking to investors and I hear a lot of people defining themselves as real estate investors or saying they invest in real estate as a point of pride. I’m curious at what point y...
I'm very interested in starting a part-time wholesaling operation in D.C., but I have some questions to pose to experienced wholesalers and investors in the area. I've read about how Ohio and some other states are cra...
Hi, I'm Danielle from Louisville,KY and an extremely new to this concept but so eager to learn! I just finished my Pediatric Emergency Fellowship so more free time to learn a new topic. My husband is a relatively new ...
We just got the BP landlord forms and I was looking through the lease and noticed that the "Use of Premises" section has a very specific, (yet vague) amount of time for people to be in the house as guests before they ...
I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details...
Are "major" foundation issues a definite "NO" when looking for a fixer upper? Even if everything else is 'right' (i.e. market is strong, neighborhood is solid, etc...).?.?Is it worth paying a structural engineer to a...
Dear BP family,
Is there a way I can find out what's considered finished, semi-finished and unfinished basement for appraisal?
What exactly do I need to do, so that appraiser will consider my basement finished or se...
What do you all think the definition of a contingency fund is? I am the money partner on a major rehab project - my first. My business partner is an architect and is fairly knowledgeable about the market, which is...