I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...

What is a Condo Hotel, and are they good investments?

I guess that depends on whom you talk to.

I have been involved with Condo Hotel for many years; In business relationships with companies that manage them, and al...

I signed the purchase agreement before finding this site, so the deal is done, but please help me analyze anyway. The property doesn't cashflow but that's because it is a 10 year note at 8% (seller carry).

I am buyi...

Hey Biggerpockets,

I am tired of reading blog after blog about generic farming. Who has some real tricks of the trade? Do you use scripts? What do your ads say? How do you pick your target and why focus on one? If yo...

Would you ever consider putting up money to invest in an LLC where there are other investors doing the same thing (who you don't personally know)?  I've recently been made aware of a group that essentially puts invest...

Hello all, we own two rental properties in Nevada and a house in California with no mortgage. We inherited the house when my moms parents passed away back in 2008. My parents are getting a divorce and mom wants to ta...

Let me preface this by saying my ultimate goal is asset protection- that is my #1 priority. Now, moving forward I have an umbrella insurance policy, and will be opening an LLC for my current rental property. At ...

For private sales is it reasonable to have the earnest money amount be something between $10 and $1000? And I assume for REOs and short sales it would be greater?Does it raise a red flag to the seller if I offer only...

I still get a few requests for HML or transactional loans. I'm just curious. Those that are actually doing or trying to do deals, this is for you.
1. Are you finding the loans?
If yes
2. Do you have skin in the game...

Hi All! I would like some feedback on structuring a deal. Here is the scenario:Purchase Price - $525K Seller pays closing - Total to close is $131,250My Investment is $50K (plus reserves if needed) - I also did ALL li...