Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...

I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...

This may be a really naive question but I haven't heard anyone answer this in the podcasts or the books I've read...

Why can't wholesalers just say they have a buyer and will be reassigning?

Wouldn't th...

Hello,Thanks in advance for reading this and any help you may provide.I am a note investor.  We have one note in Ohio.  We initiated FC.  However, the borrower, just Friday, wired $5K and begins making $913 payments m...

Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...

Rich vs Wealth

As I have been taught, the difference between rich and wealth is rich people work for money; wealthy people have their money work for them.

To illustrate, some professional U.S. athletes ...

Hey guys so last night I watched It's a wonderful life. Now being involved in real estate and thinking like an investor I saw the movie in a whole different way. George was a very lenient person and cared about the pe...

Hello Bigger Pockets! I am trying to close on my first deal and I am running into a few issues, here's my story;I am under contract for a duplex where I plan on house hacking. The agreed selling price is $139k and he ...

What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...

Hello All,I am planning on investing out of state, right now I am looking at Indianapolis and Fort Wayne, Indiana.  Would you recommend beginning with a turnkey property to get into the market, or would jumping in wit...