Looking to purchase our first investment property.  Here's a link to the rental property calculator report.  The rents and Laundromat (hands off operation) income are as listed from the MLS link.https://www.biggerpock...

Hey BP Philly!Just wanted to throw this out there and see if it sticks. Let me first say that I personally believe that, despite COVID scares and new working from home guidelines, the city will still remain a popular ...

Came across a property with some good numbers on paper that seemed like a good flip to invest in. I remodeled an older property for a rental and got the basic understanding of construction work. This property I came a...

I have a rental that I homestead and rent to my friend, and a friend and his girlfriend. The friend and girlfriend are looking for some apart and she has informed she will be moving out in 1 - 2 months. They were orig...

With the BiggerPockets member base being so diverse (not just in Real Estate), I would love to hear peoples' thoughts about the financial services industry. As a reference, the industry consists of Banking, Insurance,...

Hey!I'm currently 17 as a Junior in High School and next year in 2021 I will be going to college. I plan on going to UCSD and house-hacking in San Diego. I have been reading endlessly on topics of house-hacking and re...

I am wondering if the retail market will hold it's value in the first time buyer market.   Should we be looking for deeper discounts?   The problem is in this market motivated sellers and deep discounts have been hard...

I'm new to REI, but have done many other endeavors. I bought 2 houses and rehabbed them for cash. My plan, of course, was to refi and take out what cash I could and continue to leverage it.  I started talking to lende...

I inherited 3 properties from my father in Feb. Now that I’ve informed his long-time property management company that I’m selling, they sent me a letter wanting to terminate our contract immediately. They stated conce...

I have been pondering this tax question for some time. Maybe you guys can help me out. If you own a property in an LLC and sell the underlying property who gets 1031 tax treatment. Do you have to purchase the new asse...