It's cliché, but true. A lot of millionaires are made during recessions.No matter what you invest in there are and will always be golden opportunities to take advantage of during every recession. For me, it's real e...

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

I have been wondering about this topic for a while now. How much do up-votes matter on BiggerPockets? How much do they matter to you? Is there any etiquette when deciding to cast an up-vote or not? Ideally, I want to ...

Hello everyone,

I'm a new member here and have been doing a lot of reading and trying to use the search function as much as possible before asking questions. But now I have one for everybody and I would greatly appr...

My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...

So I have found a property, in a decent middle class neighborhood, the details are as follows:

[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)

# of Units: ...

Good evening all,   Just trying to get a conversation started about why others have given up in the past. I know many people who are interested in real estate, some pursue it, but many many decide not to do it after a...