Hello BP, I hoping for the valued opinions of the BP community for my current predicament.A purchase agreement was signed by both parties for the price of $152,500 for a 3/2 owner occupied, with two 1/1’s attached ren...

Hi
I am a newbie here and hope someone can be of help. Husband and I own several rental houses and may be purchasing a condo to rent out also. Husband thinks we should be automatically raising rent every year on tenan...

Hey guys,If any of yall have come across my previous post you’ll find that I recently had an offer accepted for a short sale in Cicero, IL. The numbers are as follows.1959 Build Single family home: 3 bed (possible 4),...

Hi - first time poster to Bigger Pockets.  In 2007 I began construction of a new home, but with the financial crisis of 08/09, my existing home value fell by over 40% and I was unable to sell.  My wife and I turned ou...

Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...

Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...

Hello! My brother and I just purchased our first home this past August 2016. Our parents gifted us $150k for the down payment on a $510k brand new track home in Tracy, CA. The $150k gift from my dad was money he pulle...

So, I am going to do this post Jack Kerouac style. I just finished reading Bene Brown's book "Daring Greatly" its about being vulnerable and its motivated me to write some blog posts that for some reason I have been ...

I've been receiving quite a few messages about real estate and how I got started, so I thought it would benefit everyone with a separate thread.  Of course, this is just what we go by, and is not considered any legal ...

Looking for thoughts and suggestions on how to deal with this situation:

I leased a home to an engaged couple last spring. Both had good jobs and decent credit ratings. The woman has a young son from a previous marri...