![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/8983/small_1621348720-avatar-kcross.jpg?twic=v1/output=image&v=2)
We put in an offer on a REO at the end of May. After two weeks of offers/counter-offers and more counter-offers, someone else puts in a bid. That offer was declined and our 3rd counter-offer was accepted. We sent i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/529548/small_1621481934-avatar-kelleyl.jpg?twic=v1/output=image&v=2)
My partner & I (new to real estate investing) have been advised to pick a niche: homes for first-time buyers, “value-add” properties (those in need of work), foreclosure buys, tax lien purchases, etc. That said, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/132376/small_1695047731-avatar-qiawu001.jpg?twic=v1/output=image&v=2)
I purchased a property in 2013 for $265,000 and leased it out ever since at $2,300. The return rate (without depreciation) is at about 5%. The selling price of the property is at least 325,000 right now. The property ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/791122/small_1621497489-avatar-chrisagodbolt.jpg?twic=v1/output=image&v=2)
I am a new investor from North Carolina stationed in San Diego (active duty) I am currently looking to wholesale and collect rentals. With all that said I do not have access to the mls where a lot of great deals get t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/18405/small_1621360105-avatar-shadocat.jpg?twic=v1/output=image&v=2)
John (REI) and I have been having a bit of a tangent in getting licensed pointing out some state oddities. John thought that we were going far enough into the weeds there that I should creat a new post.
If you know ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/660812/small_1621494923-avatar-aprilv5.jpg?twic=v1/output=image&v=2)
A partner and I will be closing on a 4-plex in Nevada early next month, which we will fully remodeled using a construction loan. Three of the tenants are on month to month leases, however one set of tenants have a lea...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/125658/small_1621418030-avatar-seesaw12.jpg?twic=v1/output=image&v=2)
So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/374275/small_1621447486-avatar-imany.jpg?twic=v1/output=image&v=2)
so this is my first property. It's now under contract and we have just gone through the comprehensive inspection which found signs of foundation movement. The signs were vertical cracks around the brick veneer on the ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/23382/small_1645561714-avatar-kel1.jpg?twic=v1/output=image&v=2)
We recently wrote a letter to the Tax Auditors office to request a re-assessment of the tax value on one of our properties. This would be the taxable value of the home. For an hour of our time in writing the letter, w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/405250/small_1621449507-avatar-gabrielamedee.jpg?twic=v1/output=image&v=2)
So for the past two years I have been managing my family's handful of rental properties and have made the decision to open my own property management company. This is not my first company and I understand how importan...