I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...

I just finished watching The Big Short, a movie about the real estate bubble.  I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...

My first attempted deal in REI turned into a bust yesterday as the seller failed to perform. I'm hoping to field some advice from the biggerpockets crowd on how to handle this situation. It's a bit of a long post (sor...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

Well it's happened.  people are applying to rent our units with their emotional support pitbulls and other animals . Of course we follow all fair housing laws . but what we need to do is weed out people that have legi...

I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...

There seems to be a lot of fear of attractive conservative brunettes to the point that they have to attacked as "stupid" by people who never really qualify that statement and when they do qualify it, it turns out they...

As many of us are aware, millennials are more apt to renting rather than buying real estate. They (we?) are replacing baby boomers at a rapid rate, and are right behind Generation Z... Of course, Generation Z still ha...