Listening to Robert K (Rich Dad) and his partner Tom Wheelwright they said you can take money out of your 401k and take the penalty, but then buy a rental and depreciate it the first year to offset the loss where you ...

Do you consider yourself an Active or a Passive note investor? Or both? Can you describe which of your strategies, tactics, or programs you consider as Active investing, and which you consider Passive investing?

I am planning to rent a property in southern california. Here is the situation

1 - I only received 1 application after 6 open houses and dropping the price to market value

2 - the application is an arti...

I took up a new job in another state, 6 states away to be exact. My house is up for sale and has had 2 viewings over the past few weeks. Today, my real estate agent suggested that I look into owner financing beca...

I've read a few blogs regarding using credit cards to fix and flip properties. I have two main concerns and I was hoping could give me some advice: 1. Credit score: How does a cash advance impact your credit score? Le...

My company leases a property from a private landlord in Glen Ellyn, with permission to sublease. A leak from the wax ring of the toilet was recently discovered and reported. I notified the landlord immediately upon re...

Hello fellow BP'ers   Original post was how should I make the offer which is here.   https://www.biggerpockets.com/forums/432/topics/47...<<<PART 2>>>I now have this multi-family under contract!!!, b...

Looking for suggestions on tools to use for electric rent collection.  For now I only have 1 property but looking to expand.  My renter would prefer Venmo or PayPal but open to using other tools.Please provide pros/co...

Hi, I recently bought a triplex in Florida that was built in 1920. If anyone here knows real estate in FL 1920 is super old and there is obviously a ton of damage to the property. It needs a new roof, this is my first...

How do you guys protect yourself from lenders that fail to move files through underwriting in a timely fashion? I have had loans slip past lock periods in the past where the lender held my appraisal hostage after the...