There's an old saying that goes something like "A candle loses nothing by lighting another candle".  Why is that so hard for people to grasp?  Being a real estate newbie I've talked to plenty of people that I personal...

Hi all

I'm closing on my first property today a 3-family unit. I was wondering if I should set up another personal bank account for all activities. I'm going to be depositing my checks and if there are repairs I'm go...

We are closing on our first apartment building! (Only 15 units) but it is in a low income area where not all of the tenants have bank accounts. What is the best way to collect rent without driving to the property ever...

Happy Holidays BiggerPockets family!  I hope everyone had a Merry Christmas and have some fun things lined up for New Years.  My name is Kevin and I'm a new investor living in Celina, TX which is in North DFW for thos...

I am 24 and I am a merchant mariner. I have been sailing on the Great Lakes as a Deck hand. I sail during the summers to pay for school and 4 years ago I stayed out for a full year.  That left me with a nice bank acco...

Hi Everyone!  We have been investing for 7 -8 years now and the banks r now saying we are at a 43% debt ratio. I've always used the smaller banks but I NOW NEED a great bank not a hard money lender. We have great liqu...

I read a lot of real estate books, I studied a lot on bigger pockets, I have family members who have done ok in real estate and its something I always knew, I wanted to get into. Before I started my real estate advent...

I found a house that needs maybe 20% more renovation needed to be able to rent it out, but the mortgage officer said that would require a renovation loan instead of a conventional loan because the state of the house i...

I'm working on a first flip deal in Vermont. I have a single family residence under contract for well below the assessed value. I had applied at my local bank but was turned down because my ratios of debt to income ar...