So, when the student, newbie, comes out into the world, they have been informed of half truths, misconceptions, incorrect notions, lies and misleading ideas (intentionally or unintentionally) by others who were never qualified to advise.

Rafael Norat , Do you think the issue was within the contract language, workmanship, or did you guys unintentionally under renovate for that market?

My understanding is that the capital for the deal would need to be held inside an LLC bank account, otherwise, I would run the risk of violating SEC laws and unintentionally forming an illegal syndication.

@Joe Martella the potential to unintentionally keep unhappy tenants there financially is not something that I had thought of but great insight, thanks for sharing your experience

It is time to revisit the Biden tax plan. It clearly states 1031 exchange is on the chopping block!

For what it's worth, very often investors unintentionally burn up a lot of a real estate agent's time by making impossibly low offers and/or expecting perfect purchase circumstances before they are willing to act, so everybody ends up being exhausticated...

This may have been unintentionally stated, however, it can skew the thought process into trying to figure out how someone could possibly replicate this, or even discourage someone.But hey, I guess it could happen ($100MM+ in 5 years) ...... and kudos for someone who does that!

My wife and I had purchased a house (our current residence).  Since that time we've made small upgrades to it and then stumbled across Bigger Pockets and REI.  We are looking at trying to rent it out and buy a home th...

After a back and forth he said if something was misrepresented then it was unintentional and he apologized and asked for an opportunity to make it right.His proposal to make it right is he will reduce the outstanding balance by 9K to bring it to 45K, and he will loan me the 6K difference between the 39k the bank will loan and the 45k outstanding.

Purchase price: $55,000 Cash invested: $250 Sale price: $78,000 This was actually and unintentional live in flip.