My unrelated personal business has taken off and I may be looking at making $500k this year. I own no real estate. I've never made this much money or even close. I need to get rid of some of this cash so I'm not payin...
Has anyone else noticed that it seems that the people who have the least understanding of money, investing, and profit and loss are bankers???Seriously though, we own 17 rental units; a five plex, a four plex and a ho...
I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright. I have suspended loss carryover associated with the property. I often see general guidance such as follows: "If you ha...
Hey everyone,I'll get right to it...I have never done a lease option deal before, but have a fairly good understanding of the general concept. My first potential deal seems to be in the works right now as far as getti...
Hello All,
I am looking to dabble in the Real Estate arena and mainly looking at syndication deals as well as Funds that have tax benefits. My goal is primarily to diversify from the market more than a public REIT, ...
Hey BP,
I'm running into some DTI Road blocks and am looking for some help. I was under the impression that if you buy a new rental and the debt service coverage is substantial enough, then the DTI is essentially a n...
I was reading today that it is now illegal to reject section 8 in california due to SB 329 signed into lawy by CA governer in Oct 2019....
I am wondering how they are going to enforce it, especailly for for small po...
Hello, Im currently very interested in getting started with REI. I've had an interest in financial literacy for a couple months now and have been doing some basic research on the path I want to take. I think REI is th...
I'm Derrick and I'm new to BP and Real Estate investing.. Little about myself: I graduated 2 years ago as an Registered Nurse and have been working full time since. I'm looking to take the leap and get my own place.. ...
Hello Biggerpockets family,
My name is Stefon and I am a 22 recently graduated student seeking routines on how to escape from my 9-5 rat race for a job. The thought of working at a meaningless dead-end job burns my ...