How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...

So I'm incredibly fortunate to still be employed during these crazy times. I'm also fortunate enough to be able to work from anywhere in the country indefinitely, which has be re-evaluating my real estate ambitions.
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Hello Everyone!

Where does one start to look for deals before they hit the MLS? I'm looking to try a different approach to find those sweet deals. Let me know how you search and purchase your properties. Any advice w...

My account saying I've been on Biggerpockets for about a year now, but in truth I've been studying Real Estate off and on for a little more than that. It was only in the last 6 months did I realize just how little I k...

Hey al. I'm Aaron. Recent (may) homeowner and decided that REI is something that I really want to get into. I am currently a System Admin and in school for Finance at KSU. I bought my home as a foreclosure and have so...

Hello BP Community,
I have a question regarding my triplex in Ocala, FL. The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance. While I have sufficient liquid...

Hello,I live and work in California, but I'm in pursuit of cash flow so I've opened my eyes to the Fort Worth, TX market.  I'm preapproved for 65k at 5% and just want to verify that I'm evaluating properties correctly...

just a quick couple of questions about this topic.. 1 - how much do i need in my 401K to qualify for a self directed IRA.. i have around $23,000 in my 401K2 - do i need to quit my current job to get the ball rolling o...

I'm looking to purchase my first investment property now that I have saved a sufficient amount of cash, however I've hit a roadblock when it comes to financing. I cannot prove income for previous years because up unti...

Hey there!I live in Logan Heights neighborhood in San Diego. I’ve been a homeowner since 2013. We got a great deal on an big old home on big lot. I’ve been restoring and remodeling it for about 7 years. Didn’t really ...