Hi Guys,I have done 4 flips the last 3 years the last one was bad. The contractor was a sob to say the least but lesson learned. I been thinking if I should buy another flip or are people waiting for the next 6 mont...
My 71 yo mother rented a room in her mobile home to a 55 yo man. There is no rental contract and she’s never rented to anyone else so didn’t realize she was making herself a landlord. 1.5 years later she is evicting ...
So my realtor approach me with this off market deal... $15k for 2 houses (same lot), but I was told it needs a new septic system — he said the owner has not gotten the septic pumped in 40 years!!! After hearing this, ...
I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At...
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Yet another chance to be featured in the next issue of BiggerPockets Wealth Magazine!
Let us know what you think in 50 words or less: What freedom will real estate investing give you, and what do you hope to do with ...
If a person dies before having the chance to enjoy using all that money they have built up over the past decade or more? For some, retirement age is so so far away they can't even see it. People want to enjoy their m...
Hey BP, here is the situation, I just received a text message from the HOA my rental unit is in. There is a picture of one of my tenants being lead out in handcuffs. I have last months rent and a security deposit of ...
I work at an asset management shop. We trade securities and watch the markets very closely every day. Today while watching the DOW drop almost 500 points at its very bottom, I found myself, as I do many days, rooting ...
Hi BP -
If there is black mold in a house that you bought, how is this typically handled when flipping or BRRRRing? What happens if your contractor finds it, covers it up without telling you, and then the tenant f...