I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you
Hello everyone!I currently reside in the Chicago land area and I am very eager to start investing in real estate. There are a couple reasons though as to why I am hesitant: inflated seller’s market, unsure on what str...
Hello all. I am new here and we are buying our first rental property. I am absorbing all I can and taking notes on the whole application process but have hit a snag. The timeline from when notifying an applicant they ...
Hello! My realtor recently told me that it is illegal to use a tenant's security deposit to pay unpaid rent. He says the security deposit is only supposed to be used to pay for damages to the property. Is this true?...
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...
My son's girlfriend who lives in Massachusetts was told on Friday by her landlord she had a week to get out. She is probably a 1-2 months behind on rent. She has NOT been evicted or given notice to quit officially bu...
I just recently quit my 9-5 job and moved from the Norther Virginia area to start my journey in Real Estate.I am new to the industry, heard about Wholesaling and the competition out here in Charlotte has made it tough...
Hey BiggerPockets community,
I am helping other investors in real estate and have been asked the question many times about how to draft the proper lease agreement in residential and commercial real estate without an ...
I keep hearing about all the people that got started 4-5 years ago with nothing in their pockets and how have multi millions of dollars of net worth.. Everyone keeps saying there are no deals left. Am I too late? I...
Hey BiggerPockets,I wanted to reach out and see what the communities thoughts were on Bill 144, Real Rent Control. If you are not familiar, I included an excerpt from Cherry Chan below.There are some really alarming c...