Hi My name is Kareem I have been a licensed agent since November of 2018. I have yet to complete one transaction in my career. In February I received a client that I thought was a guaranteed transaction but unfortunat...

Hey BP community. My wife and I are about to go through a big move to another state (Marquette, Michigan). My wife will be attending Northern Michigan University this August. We currently live in Illinois, just west o...

Hi all -Tax question.  If you are a licensed real estate agent and end up selling your own property, do you still get to write-off the real estate commission against your profit/loss on the sale?  

Hi, I am looking to sell my rental property in Edgewater and want to buy a rental property that generates good cash flow shortly after the sale to qualify for a 1031 exchange. Do you have good recommendations on which...

Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...

Hi Folks,I have some questions about a property that I am trying to acquire in Montana, but it seems to be quite a complicated issue. I will not try to drag out this post, but some background info is required to unde...

Hello! Running the numbers to a local property in my area Westchester, NY . I know this deal is not so good as the CACROI is very low but my main interest is if my numbers/formulas are correct. I've been scanning the ...

The “SJR 60” went into effect January 1, 2018 and while we could spend all day on the language there were 3 really important changes to Texas Home Equity Laws because of this legislation passing. This is just for Tex...

I'm looking to buy a duplex currently in St Petersburg Florida. The price is 150 k. I'd like to be able to put down 10 or 15% but I am finding that it is a little more difficult to buy a duplex than it is to buy a sin...

Hello BP!This is my first post in the BiggerPockets forums - I searched through the database and didn't find an answer to this question yet, but forgive me if I overlooked it somewhere. I am currently going through my...