So I purchased my second property (first is live in flip that I'm gearing up to flip this year since 2yrs is up) back in mid-November with hopes of renting it out. Now that I've been rehabbing this property and gettin...
My tenant will be transferring security deposit into my business account. Are there any restrictions on whether I can use it for other expenses or should they stay in that account? Below are the laws from my state re...
Can I do a partial 1031 exchange?For example, I had $300K from the proceeds of the sale, and I want to reinvest only $200K in a new property. Does it mean I can still transfer $200K to the new property and be taxes on...
If the coronavirus kept in longer time, how does this change the apartment building investment? 1. Location. For all the location category, A,B,C and D might be changed. Since easy to commute, easy access to life styl...
I have been trying to buy a number of properties to flip or rent out in Atlanta. On a couple of them the sale price has been lower than the one I offered. I am doing all cash and 5 day due diligence and escalation c...
Hello fellow Twin Cities investors!Tim Kindem and I are looking to start a Bigger Pockets monthly meet up group. This will be an open networking forum for sharing tips & strategies for real estate investment succ...
Hi guys,I am a guy from Austria (Europe) and I want to start out in real estate. I did a lot of research and read a couple of books on real estate. My problem is that I don't know where I should start. My goal is to b...
Good afternoon everyone! This introduction is longgggg overdue. Should have posted it when I first joined BP about two years ago but I got so pumped up after last night's webinar with @Brandon Turner that I will not w...
Hello,I'm very new to real estate investing and have only began looking into it recently. The biggest problem that I am facing is a lack of startup money (we do have savings, but not enough to use much of it comfortab...
Hi,I think I understand the difference between active and passive income. Passive income applies to most small landlords/owners as they collect rent from tenants. This also applies to investors who collect interest or...