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1. Writing too little or too much in a p...

I’m 24, I’ve just graduated college about a year ago, and I am just getting into real estate. One issue that has become a hinderance more than I’d like to admit is the fact that I look so young. Most people say I look...

Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...

I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!

Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

I thought I would share my story with the hope that it inspires someone to start the home flipping adventure and/or saves someone from making some of the (costly) mistakes that I made. Note that I'm purposely not incl...

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.

There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.

So . . .

What Was Y...

Attention real estate investors: I'm curious -- what's a snapshot of your typical daily schedule (or are there no 'typical days')? Do you wake up at 5:00 a.m., run 5 miles with your dog, make waffles from scratch and ...

When evaluating a property what do you look for:

High Cashflow?

Example: $74,000 house rents for $900 month, buy with all cash gives you a 9% Cash on Cash return and a $587/mo cash-flow.

or

...