So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...

If you're SELLING a BPCON ticket, please reply to this thread with the details including your sale price.
If you're BUYING a BPCON ticket, do not purchase for over the regular asking price: We aren't yet sold out so ...

Hey all, just curious state of Texas are charging high prices to pull real estate court records (liens, foreclosures, vacant etc) I have been advised that I shouldn’t spend no more then $30 when pulling records from c...

Just a quick disclaimer.  This is a really long post.  Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...

FRAUDSTER ALERT... watch out for Justin Nguyen in Florida, stealing lenders $ for his own gambling addiction. BE CAREFUL LENDERS & BROKERS Everyone wants to be an EMD lender or Transactional Lender…but here is a ...

Hi all, I have a SFR valued at around 215k. The original loan was for 170k and I currently owe 140k. What’s the best strategy to pull out the equity to buy another property based off the new value? Traditional banks I...

I’m looking for someone to help ease my thoughts… California Bay AreaI have everything ready to go for my first flip… financing, financial spreadsheets, acquisition and disposition playbook, design criteria, etc. I ha...

We put our home on Zillow/FB Marketplace/Avail about 10 days ago. I've gotten a lot of interest, but no follow through. A potential renter wanted to see the house but asked to fill out the application first. I thought...

Hello everyone, I'm looking into buying and holding real estate. I'm currently 19 years old, I am partnered up with someone and we are planning to buy and hold by either the end of this year or the beginning of next. ...

The property is a 4plex with four 1/1 units in a nice neighborhood filled with SFR.

Asking price: $120,000.

Disclosed Operating expenses:
- $80/month for landscaping.
- Tenants pay water/sewer/cable/phone/garbage/...