I am trying to purchase a fourplex.
My parents (due to my lack of credit history) have stated that they will assume the existing mortgage. I talked this over with my RE Agent and he said banks will probably n...
Our very own Scott Trench has written an amazing book called Set For Life: Dominate Life, Money and the American Dream . On this episode of The BiggerPockets Podcast, he talks about his book, how to get ahead in life,...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
I know some of you are only doing month to month leases for flexibility and control. But what do you do if you have a really good prospective tenant who "needs" a longer term? Perhaps they just left their last renta...
I recently purchased a 12 unit building which I would like to take from class C+ to class B+. There are two 3 bedroom units on the second floor and the rest are 2 bedrooms. I was just given notice (for November, not ...
In a competitive market, you would expect real estate commissions to get competed down between brokers. For reasons I don't understand, commissions stay high across all brokers at around 5% to 6% per deal. Can som...
Hello BP Nation,I’m looking at purchasing my first RE investment property in the west suburbs of Chicago within the next 90 days. In an effort to mitigate the amount of catastrophic mistakes that I’ll make as a newbie...
Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...