Hi,I have a question that boils down to whether I would be classified as a "dealer" or "investor" in the eyes of the IRS...

Hi BP Peeps!I am currently looking to secure my first home for a fix and flip. After using the Fix and Flip calculator, the numbers on a property line up. I was wondering what are some resources for finding a contract...

Example if a lot sells for 500,000 at 4% that is only 20,000 for the work involved which is a lot.

I figured this would be a nice opportunity to get involved in real estate and by purchasing from a family member, I had time to learn and adapt.

I’m currently living in Maryland but I am interested in a property in Portsmouth, VA. Would anyone know of any realtors that can take a look at the property this weekend in my stead? I’d appreciate the help with such ...

For instance, a 5 cap simply means that if you purchase an apartment building with no financing involved at all, the building will produce a 5% return after your operating expenses.

Stay on top of contractors...be more involved throughout.

Other states almost make it necessary to involve legal services.

Becoming an agent in 2018 after being an investor for 3 years was very eye-opening.

My point being.... you going to waste a considerable amount of time and effort keeping an eye on your property and you'll still likely be unable to do catch him over there.Being a felon isn't illegal, it was whatever they did to get sentenced that was illegal.