20 December 2024 | 19 replies
Almost immediately let it lapse and have not renewed.Like Bruce noted, unless you want to represent other people in transacting real estate, you don't need it.
20 December 2024 | 10 replies
You are definitely in the right place to meet like-minded people and congrats on your first two properties/4 doors!
20 December 2024 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.
18 December 2024 | 29 replies
Ive already started looking further out to do BRRR/Flips as this is one of those jobs I cannot really afford to lose, having it will help me a lot in the long run.
19 December 2024 | 24 replies
Most of that is not really worth much to most people.
20 December 2024 | 9 replies
A "professional" tenant can draw out an eviction and and strip anything of value from the home, costing you tens of thousands without batting an eye.There are stories of people living in a home for over a decade without paying a dime.
19 December 2024 | 37 replies
It will be info i need moving forward with my collections people for him.
19 December 2024 | 4 replies
People who think they are going to spend a few hours per week and make a $1000 is not reality.
19 December 2024 | 28 replies
Most people are just happy if their hand doesn't break through the sheet.
18 December 2024 | 9 replies
It also puts your agent and lender in a tough spot where it could be a perceived "fraud for profit" and they could lose their license and face time/penalties if they knowingly cooperate.