I'm wondering if you were to have a do over when you were about to buy the home that you currently live, would you have paid what you paid for the house in community that you live in or paid more for a similar house i...
My name is Evan Copage and I live in Los Angeles, California. I'm currently a novice in REI although I have been learning a ton from the bp podcast and these forums. I was a licensed salesperson in NYC although my pos...
Hello everyone, I have a basic tax question. If a investor/person wholesale me a property, do I need to issue him/her a 1099 for tax purpose?
I am a person who does everything by the book and I definitely want to en...
We are investing in a one parcel, 2 home property (Cleveland) and wanted some feedback on how, in fairness to split investment. Here is the scenario, my parents are putting up down payment and closing costs, my wife a...
Hello BP Community, Need some advise on how to solve a pressing issue: I was working with a property management company in Jacksonville, FL that simply wasn't performing, so I decided to replace them.Transitioning has...
There is a thread on BP about getting to $100M with some interesting commentary. A lot of the comments revolve around compounding rate and what is sustainable. It seems that growing your net worth should have some s...
My wife and I are newbies in this Real Estate investing and we are looking to rehab and sell properties. A HML is offering me 30% Down on a 150k Stated Loan with a possible 7 to12% interest loan. We currently have a l...
(Updated version for all BiggerPockets members to enjoy.)If one portfolio manager forecasts a return of 20% on a real estate investment and another one forecasts a return of 15%, which one is the better choice?Answer:...
We purchased two properties in Upper Peninsula, MI that each need extensive work - foundation to roof.This is a growing town with outdoor activity and climate migration its primary draw. We thought we had a good GC ...