Zillow recruited me, prior to their launch in the Central Florida Market, due to my having an active real estate license (Orlando Regional Realtors Association top 5.9% in 2020 & top 8.7% in 2021) and my construct...

So I got a tenant application who has a credit score of about 520 and same for spouse. No debts and almost nothing on credit report. It's almost blank. With a few inquiries from auto dealers. they shared 3 months bank...

Hi BP it's been a while since posted anything. I'm in the Market to do a 1031 Exchange in Massachusetts if I sell. Quick Question will I be able to-do a 1031 before or after the sale of the Property. Since I'm selling...

Just curious what other landlords out there are paying for their CPA every year.  I file under an S corp with about 23 doors and a flip or two a year with only meeting with my CPA once a year.  His charge seems to go ...

If I put $20k into rehab is that entire amount deductible? Also, will it, along with depreciation, offset penalty for cashing out 401k?

My 401k wasn't a lot so my 10% penalty is only a few thousand.

Thanks

An obvious big "gotcha" is an unexpectedly long time before a buyer comes along, taking a huge chunk from profit potential.   Initial asking price is of course a major controlling factor.  I'm looking for some techniq...

Im set to close at the end of this month on a short sale. I am doing a conventional loan and whoever had the house before ripped out all of the carpet and left the exposed subfloor. I now have to put some sort of flo...

Hi everyone, I am new to the real estate game! I have no prior knowledge or experience, but I've always been interested in RE since my teen years. I've recently attended a free Fortune Builders workshop, which was hel...

When I buy a brand new property and spend money making it rent ready, I'm not sure what to classify as maintenance vs adding to my cost basis. For example:* Getting new door locks* Getting a new garage door opener* La...

So I know this is a good problem to have. I have 3 applicants who I would most likely rent to. I still need to run background checks. Here’s the good and bad on each:Applicant 1: Older lady (likely to stay longer), ha...