Hello BP,I recently closed on a 5 unit property where all of the units are way below market.  With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...

Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...

Alright we have had a significant update on the Toledo Lead Paint Ordinance and wanted to post the details for those of us who own property in Toledo (or Ohio, we have several municipalities such as Cleveland, Columbu...

Those that actually read news and watch actual news programs (doesn't include NBC and msnbc) have heard the tape of Obama "loves re-distribution". WH has admitted tape is accurate, but andrea mitchell says nbc can't v...

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!

Hi folks - I'm new to BP and to REI in general and am looking for some advice as I get started. I purchased my SFR back in 2007 (what terrible timing!) in Los Angeles county and plan to continue living here for the ne...

A prenuptial agreement, or prenup, is a legal contract between two people who are about to get married. It outlines how the couple will handle their finances during and after the marriage, including:
Property and as...

I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community.  Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos.  I'm ok with a negative cash fl...

Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...

Body of Arkansas Real Estate Agent found, this is so sad! Praying for the family. This hits me hard as I have to show property by myself and the thought has crossed my mind as to what could happen. Things I do:Never s...