Bruce D. Kowal
April 18 is Election Day! Tax Elections, that is
April 18 is Election Day! It's the day you must make your election to be Qualified Real Estate Professional. This is IRC §469(c)7)(A).You really need to see a CPA to think this through.What you doing is combining r...
Alex Omo
Hard money loans, Yay or nay for first time investors and why
Raising capital is probably one of the hardest things for first time investors, would getting a hard money loan be worth it to use towards a first rental investment to plan to refinance later, or does it make more sen...
Michael Weis
What service do you use to create an LLC?
Good Evening,Just curious on some feedback on who to use to create an LLC? Are websites like legalzoom the way to go or is there a more formal and desirable alternative? Thanks in advance. Mike
Account Closed
designation of standard /Construction 1031
1031 language needs added to my contract. I might/probably/possibly replace my property with a construction 1031. Does a construction 1031 have to be designated as such, and if I don't get a Construction 1031, but r...
Timothy Lewis
Cap Rate Realty Review
Hello BP World,The purpose of this post is to, hopefully, find other investors that have used the PM company Cap Rate Realty based out of Columbus, Ohio. I am an out of state investor and I'm establishing my "Core 4" ...
Ricardo Llanos
Digital Thermostat Help!
Hello bigger pockets rockstars,I’m having technical issues installing a digital thermostat into my STR in mount Pocono, Pennsylvania. I want to install one so I can adjust the temperature of my property as the tempera...
Account Closed
FHA: Newer Investor in Omaha area
I am thinking about purchasing a multi-family property in the Omaha area in the near future. This will be my first property and I am thinking about taking out an FHA loan to house hack. Does anybody have any recommend...
Michael Zagorsky
BRRRRRP (Buy, Rehab, Rent, Refinance, Rehab, Retire, Payoff)
So this is a musing of mine I wanted to throw out there from a BP/FIRE perspective. What are everyone's thoughts about buying properties specifically with the end goal of having a paid off, freshly rehabbed property ...
Helen Mejia
Investing in New Jersey
Hi Everyone, I’m looking to invest in a multi-unit in NJ for the first time. What areas or Cities are the best right now?
Fili Aguirre
Question about running background checks
I've heard that you should you only run background checks one at a time. What's your opinion on this? Should I do it that way? Or run several and let the applications know that they're competing and that I'll choose t...