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Hello Everyone Im writing this post to see if theres any thing im missing in my thought process. Im always interested in hearing someone elses viewpoint. I have heard time and time again that a primary residence is no...
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Hi BP. I'm new here and this is my first time posting. I'm posting to get feedback from you all on the way I'm thinking about our first purchase and if there is anything critical I'm not considering.We are looking fo...
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I am new to this site and am looking to get involved with buying homes from auction and flipping. While I don't have any experience with it, I have done plenty of reading and learning, but I feel like it is time to ac...
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Hi. New to REI. Not new to RE ownership. I live in NYC and own within 2- 3hrs. I want to do flips. NYC is a tough area if you don't have a lot of cash. While I've enjoyed reading posts at BP, most folks seem to ...
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I was reading a bunch of the threads early this morning and something dawned on me. (I can be a little slow sometimes!) The # of different threads and subjects was boggling. I reviewed some of the categories (topics) ...
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Hey BP, I'm thinking about using a realtor for comps ONLY and I don't know if I pay them for their service. Also if I have a property do I call them each time or is there a automated way to do this.
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Here is the skinny. A nice couple with a young daughter recently applied for my listing. They passed the background checks, references and income requirements with flying colors, even though they are a single-income f...
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I was planning on buying investment properties out of state, I currently live in Southern California. I have been looking In Ohio, Arizona and Nevada. What are somethings I should look out for when buying out of state...
Anyone care to share some pro tips and tricks they have had to learn the hard way? These can be suggestions are life experiences that are worth sharing so no one would unknowingly go through the same thing.
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After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):
REAL Red Flags That Matter:
The Partner Complaint Trigger
Disgruntled partner files Form 8082K-1 dispu...