We purchased our first short term rental property on July 3rd in Fox Lake, IL. We did a lot of research in the are and strategically bought in this city since they allow short term rentals per their ordinance. Part of...

Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...

Hello BP Community,We just put in another offer late last night. http://www.realtor.com/realestateandhomes-detail/3...
I offered $250,000 with 20% and interest rate of 4.5%.Does anyone know of this street or neighbor...

Forbes just released its Most Affordable Cities List.  Several frequently discussed cities on Bigger Pockets top the list.  For those who cannot wait to see who is #1, it is Birmingham, Alabama!  Other select cities w...

I love the census report.  Finally the 2020 census is here and there are some interesting data points! If you’re deciding on a new market you may find this data useful in aiding your decision.
States with the highe...

My wife and I purchased a house hack and have been renting the upstairs unit on Airbnb. We recently had a guest who booked our place for an entire week (total payout to us was ~$1K). However, the guest never stepped f...

I am planning to buy a single-family house in Austin, Texas or surrounding cities and rent it out. I learnt that property taxes for owner-occupied homes are different from that of rented Properties. What would be the ...

I know this is sort of detrimental and not a normal topic, but I am in the opposite corner on this deal.

I live in a VERY residential neighborhood. Everyone has a typical cookie-cutter house with a small yard/garage...

Hello, I'm a new investor looking into buying cash flowing real estate. I have been exploring different markets. I wanted to know what are peoples thoughts in the Memphis area? Looking into SFH, or multi units. I'm st...

Good evening, BP.
I'm writing my Tenant Rejection Letter and found some reasons online as to why a tenant is denied their application. So far, I have:
Application incompleteApplication contains false informationDeli...