I've recently been stress testing my company and I'm curious if others are doing this?For me it's been as simple as simulating a correction and removing, for instance, flip income, as well as reducing gross rents. Th...
Hey everyone. I've been looking at real estate schools in Chicago, IL to get my brokers license. But I'm unsure if I need to attend a school that is accredited or not. How does this work in the real estate realm? Is a...
Have never offered on short sales but have questions before I try.Is the listing price on a short sale the least the bank will accept?Does Approved short sale mean that the bank has approved the asking price?Does Pre-...
Hi everyone.
I hope you are staying safe and healthy during this time.
I currently self manage my family's residential multi-family portfolio in New Jersey. We have never charged back to the tenants the sewer u...
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
Hello BP community. I am new to wholesaling homes in the Maryland area so at the moment I am trying to make sure I have all the proper information in order to complete a deal successfully. If I put a house under contr...
So I had been thinking about getting my RE license and finally decided that it would be beneficial for me to go ahead and get licensed. So I signed up with realestateexpress.com about two days ago and started the cour...
Hey BP! So we just purchase a property about a month ago. One of the tenants had his uncle staying with him after a separation, he must have started staying there right before we closed and took possession. Well the u...
Hi, I am looking to buy a HUD home but have several extenuating circumstances concerns. How hard is it to prove extenuating circumstances as a reason to move out of a home early, and who is the judge of what is an acc...
There is a house that I see a listing for that seems to have a massive amount of Mold and water damage in the finished basement which includes a bathroom. It looks as though the mold is from floor to ceiling. I have n...