Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...

After buying 3 SFHs in the Boise/Meridian Idaho Treasure Valley area, all of which are producing healthy positive cashflow, I’m ready to buy another SFH.  However, the Boise area market is [arguably] the fastest growi...

My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...

This is such a great message board...it's so nice to see so many New Investors soaking up as much knowledge as they can. I've made it a goal of mine to help the many new "Wannabe Investors" quickly become investors. ...

I was talking to a friend of mine who has been renting apartments for about 10 years. his advice to me was just clean the apartment really well
everything is commercial grade carpet and builder grade fixtures and cou...

Good Evening Bigger Pockets Family,         As I continue my venture deeper into the real estate realm.... I stumbled upon notes. Ran the numbers, and they are making more sense than some of these BRRRR deals and or F...

I have put myself in a bad situation. I will need your advise, especially from the legal side. I will talk to real estate lawyers as well but that will be Monday.
I am under contract with one house in Georgia. Here ...

So, there is a thread out there about a newbie wanting to buy a Lambo and given that he just started, and had no money at the time, most people consensus is that buying a Lambo would not be a good idea at that time...

I just read a thread where an "investor" suggested that someone way the risk and if the down side could be covered, afford to suffer, to take the less ethical route.

Another thread was suggesting that investors just ...