Hello all,Since the Houston market is ultra-competitive these days, I would like to look outside the city and Beaumont, TX came on my radar. I looked at threads pertaining to the Beaumont, and they seem to have a favo...
The real estate professional rule states:"A taxpayer will be considered a real estate professional if (1) more than one-half of the total personal services the taxpayer performs in trades or businesses are performed i...
Currently, my business partner and I are looking to put an offer on a single-family home for a house flip. The house is listed for $230k, and we plan to offer $235k. The potential after-repair value (ARV) for the prop...
Hi everyone,
I'm currently processing my first ever application for our rental property. Three guys want to lease for 1 year: Guy A great credit, makes 2.5X rent, no eviction/crime/lien record. Guy B credit meets o...
While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...
Hi guys,I'm new to RE investing and would like to get some advice on the following property in Ontario, Canada. I've been reading up on RE investing the past year and have been browsing MLS for roughly the same amoun...
Greetings BP colleagues!Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6...
Hi, I recently turned 18 years old, live in NJ and I'm looking to become a full time real estate investor. I'll tell you guys a little about myself and my current financial situation. I found out about real estate ...
_Hello everyone. I am new to biggerpockets.com and looking to learn and make some investment decisions. There are a few strategies I have been researching, I would like to share my thoughts and receive feedback. I hav...
Most people don't realize there are legit Las Vegas wholesalers, so I'm going to provide a realistic perspective as to why and explain how I know.Experienced wholesalers don't need to build buyers lists and frankly mo...