I have recently been rolling around an idea for early "retirement". I'm sure I am not the first person to have considered this so I am looking for other opinions or potential pitfalls I have not considered. The idea w...

I’ll try to be brief
I attended and won a auction for a SFRbefore I wired the funds I ask the lawyer in charge will this satisfy the first seat mortgage Wells Fargo. He answered no. I politely passed. Unsure of what I...

It's been a few days since we close and so far, I haven't moved utilities like gas, electric,w ater over to my name and it's still in the seller's name. Everything remains on so I guess the seller didn't do anything ...

I have heard that the IRS will only allow you to have a negative Cash Flow for 5 years before they wont allow you to do business.

Does anyone know anything about this?

An alleged debt was reported to Credit Bureaus against my account and lowered my credit score-540. It appeared as a collection against my account and reason for my home loan application and other loan applications no...

I’m pretty new to real estate investing. I’ve submitted several offers but I keep loosing out to cash offers. Should I get a hard money lender? If so what are the requirements (credit, capital etc)? Any advice is grea...

How much should I pay for an Earnest Money Deposit? I have been told by many people that they don't pay anything or maybe up to $100. I have been told by a number of others that the absolute most they pay is $1000. Th...

I'm into my 3rd rental properties (with very decent renters) under  personal ownership. We increased our umbrella policy to 2 million. Insurance agent advised that this should be ok. Any thoughts?

The IRS previously viewed buildings as a single unit of property (UOP). However, the new regulations under IRS Code 1.168(i)-8 allow you as the property owner to utilize a cost segregation study to dispose of smaller ...

Hi everyone. I first heard about Bigger Pockets while searching for my first house.  While I was mostly looking at single family residences, I also considered two or three flats as a way to offset some of my mortgage ...