After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...

Hello everyone. I have been listening to the podcasts for a year and a half and have been waiting for the right time to start my account on Bigger Pockets. While I was simply learning I knew if I started an account ...

I have a rental property in Orange county, California. We had a water leak and damaged the property. The plumber reported that "Burst copper pipe connecting to tub was the determined problem.  Tech found leak on 1/2 c...

My renter's wife contacted me early to let me know they were going to be late with the rent payment. I understood, and just advised the $5 per day late fee(I'm very fair and understanding). The 10th comes around and I...

Hi folks, I have been searching for my first investment property and came across this deal in a different town (about 1.5 hrs away). I am not a pro member as of yet so was wondering if someone would help me analyze an...

Wow that title looks like a Netflix Horror thriller! This post is really about my first buy and hold rental property. It’s one of those stories where you might say “someday I’ll laugh about this!” It may be a littl...

Last Friday a grease fire at an apartment complex we own torched three of the units. I haven't made the trek out there yet to assess the damage, but the insurance assessor called today and described the damage. My p...

We would like to sell a mobile home via rent to own and remain compliant with Dodd Frank. We purchased the unit for $8500 in a park. I've posted it for sale on craigslist as follows and would appreciate suggestions fo...

There's been a lot of discussion on the forums as it relates to differentiating bad debt from good.  The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...

I am closing on our first long term rental. Any tips or rules to have in place is greatly appreciated!