What's up everyone!?
I'm an investor and wholesaler out of Huntsville, Alabama. I'm writing this to check in on what everyone is doing through these uncertain times. Ultimately I want to learn as much as I can throug...

If you had POF for up to $500k but NO down payment funding from any sources = IRA, Family, Bank Loans, Credit or Income . . . What would YOU DO to purchase a BUY & HOLD commercial 10 - 12 unit investment property ...

Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...

I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?

I found this today about a proposed meltdown:

The Day The Dollar Died

I thought some of our resident Tea Partiers would enjoy it. Most entertaining!

Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...

Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references

Hi Everyone,

On biggerpockets these 4 standards for the tenant screening process have been repeated time an...

Wholesaling real estate can be life changing. I know a lot of people who started from nothing and now make 6+ figures annually doing so, that pisses agents off lol. The things I see about wholesaling on BiggerPockets ...