I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...

Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...

Hey everyone, in case you haven't heard, today on the BiggerPockets Podcast we sat down with real estate investor and author Ken McElroy (Author of two of my favorite real estate books The ABC’s of Real Es...

I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...

Hello everyone! My question is pretty simple and straight forward. How long do lenders typically honor a Pre-qualification? I plan on using either an FHA or a VA loan when I get home from overseas in about 2 months to...

OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...

Full Disclosure: I am a tenant in a property going through foreclosure, not a real estate investor. After searching on Google, then reading hundreds of posts here, I found this site to be the best authority and most ...

http://realestate.aol.com/blog/2013/03/26/mabel-bobo-loses-charlotte-home/

Article title: Mabel Bobo, 88, Loses Home When Investor Buys It for $5,000

I think this is what the public sometimes thinks of real estate ...

In the latest podcast (podcast #245 https://www.biggerpockets.com/renewsblog/biggerpoc...) @Joshua Dorkin and @Brandon Turner interviewed the bestselling author Ryan Holiday where they talked a lot about ego (great po...