The penalty fee is the same regardless of how much time has passed since the auction, so the investor can earn a 25 percent profit in two days or two months.

Does anyone have a referral for a tax accountant in the SF bay area who deals with rental properties on a regular basis.Thanks.Steve

Dear all,

I am newbie to here, I want to know which way should I go either in investing or going into business? My current status is as an employee in one company but I am looking to jump out of the box , please adv...

Non-jumbo, estimate 86% LTV, seeking to refi into conventional to free up VA entitlement.

Im just seeking to get a better understanding on what I need to analysis in order to know if its a good deal.

We have a clause in the lease about breaking early, and the penalty, but since she's already shown this side of her tenancy, I don't know what else she'd do.

Thanks for the replies - in the process of purchasing an occupied duplex in Chicago and will seek legal counsel since its my first occupied rodeo.

@Matthew Roe i am definitely seeking to shadow somebody in my area and learn more about the process and all the different terminology before i make my first major move.

I come to biggerpockets as a member seeking mentorship as well as lifelong friends in all areas of real estate investing who would like to join me on the path of financial freedom and an escape from the dreaded rat race.

As someone who anal/obsessive about paying all bills early, it has always floored me that even some of the "nicest" folks with adequate funds (at least on paper) will not pay their rent or not pay on time.I suspect these are the ones who deliberately seek out private landlords to rent from hoping these landlords will not pursue them as aggressively legally as a large complex would.