We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...

I want to buy a duplex and live in one of the units. My ultimate goal is to have a portfolio of real estate and be wealthy, but I want to start with a duplex I can live in. If I had $20-$35K I could start this path of...

I had a tenant move in on the 1st of October. he informed us on the 12th that his freezer isn't freezing. I have a warranty but they didn't have a contractor that works the weekend. so I wasn't able to schedule them t...

Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...

Good morning all (PST), I am going to start by saying, I am so happy I have found Bigger Pockets and everyone in it. I have been reading through all the forums, attending webinars and listening to the podcasts. Thorou...

I am new here, and along with the Bigger Pockets guides, I recently read Brandon Turner's "7 Years to 7 Figures."  That piece lays out 3 fundamental principles: get a good deal when you buy (20% discount), appreciate ...

My wife and I just bought a Freddie mac home steps house during the owner occupied period. We closed last thursday. I needed about 3 weeks to paint and do some work to the house before moving in, so we have not yet mo...

Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...

Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...