I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...

Many people make the mistake of assuming they know what will attract a specific tenant pool segment. I made this mistake as well.
When I was first studying tenant pool segment demographics in Las Vegas, I assumed tha...

Hi all,

Can anyone tell me which areas in Chicago are the high crime neighborhoods to avoid?

Thanks!

My Tenant reported visible mold gray color on curtains and wood furniture in house. Florida house circa 1970, plaster walls 735 square feet 2/2 in good condition. A/C air handler in attic, no visible roof leaks or any...

Good morning,We've been at it for nearly 6 years. We've bought lots of distressed buildings and plowed all the profit back into them. Now we're trying to get a handle on repairs expenses and capital improvements. We'r...

Hello,

I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...

I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...

First, is it essential to get a pre-approval letter from a bank(or other financial institution) before actually shopping for properties and making offers??? I have been told that I will be taken seriously if I have o...

Hi BiggerPockets community! I am in the middle of a deal and wanted to ask you guys if everything is kosher in this particular transaction before proceeding.My partner and I got our first wholesale lead by doing direc...

A death in the family is a very delicate time for anyone. I have gone back and forth in my mind on whether or not I am being insensitive for seeking out Probate leads (the last thing I want, is to seem like a vulture ...