We are approaching the Thanksgiving season and I thought I start off  a little early with a progress of ownership and a big thanks to the whole biggerpockets.com family. @Joel Owens in particular. I made my first real...

Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...

Team,Here is a deal which i'm contemplating purchasing.  But wait, is it worth it..This would be purchased as an owner occupant using my 2nd VA Loan.- 4 unit property asking a sale price of $260K- 2/2 rented @ $695 pe...

I have 5.5 acres that already host 6 mobile homes on it with room for more lots in the future but I also have the opportunity to get an additional 5.5 acres that conjoin my land the cost still T.B.D I want to expand m...

I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...

We're in DC renting a 100 year old row house. Everything works but it has plenty of  quirks and flaws in the plaster and trim and flooring.  We were going to bring a camera and let the tenant take pics of whatever she...

Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?

Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...

Hi all, I'm biding my time until I have enough money to invest in my first property. In the mean time, I'm a software developer by trade so figured I'd try and see if there were any need for new software or websites. ...

I've had a lot of deals like this come across my desk, they are 5 million dollar and above. These are preforeclosures and REO and they are negative cash flowing usually because there around 50% occupied.

How do I va...