We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...

I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...

Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...

Has anyone else invested with this guy?  I got roped into this PEP fund he was advertising by a friend who had invested with him before.  The fund was advertised as a boring "preferred equity" fund that pays 10% a yea...

A humorous tag line but a series topic.  (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...

Hi all, this is my first post on BP. I've been a long time lurker and my new year's resolution was to start posting on BP and actively participating in the discussion.

By way of an introduction, while new he...

First of all, why is there no dedicated BRRRR section in the forums?Anyway, this is about one point that Brandon and David made in the Bigger Pockets Real Estate Investing Podcast #327. It is an excellent episode and ...

Hi Everyone,I have a potential tenant who has a 529 credit score, and 6 accounts in collections ($4k total). They earn 3x+ in income, no felonies, no evictions.The credit score would normally mean I would deny the app...

Does anyone think that Chicago's record tax hikes and the possibility of a tax exemption for property's under $250K will lead to a new round of gentrification largely driven by Millenialls wanting to live in the City ...