![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/44775/small_1621408024-avatar-alces.jpg?twic=v1/output=image&v=2)
I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.
That much is clear:
- If you hav...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/85005/small_1621416112-avatar-shakaama.jpg?twic=v1/output=image&v=2)
I keep watching these "guru" videos and they say "3 Hours Worth of Work for $10,000". My question is, what are they not doing that I AM, or what am I doing that I SHOULDN'T?
I walk my neighborhood daily and end up w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/485/small_1621345468-avatar-proamiejse.jpg?twic=v1/output=image&v=2)
My tenant told me yesterday that they’re only able to pay half of this month rent (was due on 1st) tomorrow and will pay the rest by 12th with its late fee. Though I’d O. K. it but after I’d just found out from ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1128245/small_1726699953-avatar-bnesscustoms.jpg?twic=v1/output=image&v=2)
This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/446118/small_1621477012-avatar-gcannon.jpg?twic=v1/output=image&v=2)
I'm seeing a few properties listed in the 4k-10k range in the Chicago area. The neighborhood doesnt matter much to me. What I wanna know is are the properties in those price ranges worth getting if the cash is on han...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1638889/small_1621974039-avatar-markisman.jpg?twic=v1/output=image&v=2)
Hi All,I’m currently in the process of purchasing my first investment property and was curious how you organized your finances to prepare:1) do you have a separate bank account for your investment properties?2) what %...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1578712/small_1694917441-avatar-miker385.jpg?twic=v1/output=image&v=2)
I am currently closing on a SFH that will be a rental in NC. The area is kind of rural, and I don't expect to see a huge number of applicants. Say somebody applies, they have good credit, no criminal history, job, etc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/132116/small_1621418419-avatar-rafamvc.jpg?twic=v1/output=image&v=2)
This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/194805/small_1621432379-avatar-rgaston54.jpg?twic=v1/output=image&v=2)
Ok, as a REInvestor I have dealt with wholesalers in the past (mid to late 90's)when I have done this before, but have never actually done wholesaling myself. Sydney Chase highly recommended it for me to get back i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/15934/small_1621359112-avatar-sarahheck.jpg?twic=v1/output=image&v=2)
So folks, after having made the commitment to buy an investment property, and having flailed about, not knowing my direction, making some random, bonehead offers, not knowing exactly what I want to do, etc., I think I...