Hi everyone! I'm excited to join the BiggerPockets community. I'm based in California and about to start my real estate salesperson course.
While I'm getting licensed, I'm also really interested in learning how to br...

The Realtors among us might be the most informed but I'd like everyone's thoughts on whether as the STR model continues to evolve there will be a way to capitalize on the value of the business portion. While I get tha...

No test required though like a RE agent..

I will share some of mine -Complete at a min. of 3 new home builds-Read another 10 books relating to real estate and finance -Gain an understanding of logistics behind new development for future subdivision -There are two mentors in my network, one a retired builder who is a Deacon at my church and another a retired president of a community bank I would like to incorporate them in my business structure as consultants in some fashion. 

I have 2 properties under an LLC, and I would like to purchase more properties in the near future.

This builds trust, demonstrates expertise, and makes future deals smoother.

Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.

Hello, My name is Cheryll, and I am in the Hampton Roads Area in Virginia. I am new to Investing, and I am still working a W2. I am actively educating myself and learning more and more. My ultimate goal is to not be w...

Does not seem to be the right fit now and in the future as tenants..

Realtor - the right realtor is worth their weight in gold, so don't discount their expertise...you'll find some awesome people to work with here on BP.Expensive - Appreciation or cashflow is your real question...what's your current job and plans for the future?