Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Account Closed Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Christian Hwang Advice for a New Out of State Flipper
1 January 2025 | 22 replies
However, while I was still getting contractor bids for different projects, I found 3 different companies that are quick (based off of their contracts and guarantees) and have good quality of work (based off of previous and current investor feedback) but come at the cost of price.
John Clevenger AI Intigration in Real Estate
30 December 2024 | 6 replies
In 2021 and early 2022 most properties in my market were going under contract within 4-5 days, with offers 20k-30k over asking.
Matt Cook Seeking Guidance on Property Valuation
27 December 2024 | 3 replies
After discussing their goals, we realized they would like to maximize the property's value while also including me in the process, given my background in general contracting.
Makani Donaldson STR in Hawaii
8 January 2025 | 10 replies
I had a STR in another market get shut down by zoning, so I put construction workers in there on a 30+day stay over the summer and now have a MTR tenant to keep the lights on through May after which I'll sell since I have no guarantee on having another 30+day contract next summer.
Zach Howard Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
on the chance that something comes to you somehow - you'd have to snap it up / put it under contract immediately, and again, that's very difficult to do remotely. 
Dan Sundberg Advice on running numbers in Michigan/Grand Rapids
13 December 2024 | 7 replies
Looks like Tim and Ezekiel have provided a bunch already...What are costs associated with snow/harsh winters?
Jevani P. Barron Wholesaling Advice Needed: Navigating Buyer Recommendations
21 December 2024 | 6 replies
But if that period has expired, what would be your reason to terminate the contract?  
Josh Edelman Las Vegas Market + News for November
18 December 2024 | 2 replies
From November 22 to December 29, step into a dazzling winter wonderland featuring twinkling lights, stunning larger-than-life sculptures, an ice-skating trail, and visits with Santa.
Ryan K. Inherited House: Renovate, Sell, or Wholesale?
29 December 2024 | 5 replies
Most wholesalers are not good at what they do, are unlicensed (which is illegal in most states), and lock up the property in a contract with zero risk to the wholesaler.