Frank Adams
Stupid suggestions I have heard
Over the past 30 years I thought I had heard just about every dumb thing possible, but in the last month I heard some truly idiotic things. I foreclosed on (actually scared my buyer into deeding back to me) a house in...
Kris Bennett
House Flipping on Xbox
If you happen to own an Xbox, you can play House Flipper for $29.99. Ha! Here's a screenshot of the description. I haven't played it so I can't post a review, yet.
Micki Yara
Purchase agreement terminology
I want to purchase a lump of rental properties (they are tied together in seller's mortgage, etc...). I want to make a contract to pay the existing mortgage off and then seller finance the rest of the balance. Because...
Tim G.
Southern California Hero Program - Renovate America - Scam
Just had one hell of an experience with a deal here in Corona, California. Had to share the story and find out who else has ran into this questionable program. The story begins with me locating a very beat up home wh...
Michael Ryland
First mistake made-I know it won’t be the last
I’m finally closing on my first long distance rental property in Missouri and I am very excited about it. I made the first mistake before closing. My lender sent me a bunch of documents to sign and notarize before ove...
Gordon Starr
My first 1031 exchange - has anyone tried including rehab costs?
Hi BP!I have been growing my portfolio of six houses and a duplex by around one house per year and I like to deal in cash with no mortgage. Problem is, I am a bit short on ready cash to continue growing. This forces m...
Megan Davis
Pre MLS opportunities?
Hello Everyone!
Where does one start to look for deals before they hit the MLS? I'm looking to try a different approach to find those sweet deals. Let me know how you search and purchase your properties. Any advice w...
Jim Hwang
Seeking help calculating capital gains tax owed
Hello all, I'm trying to figure out the opportunity cost of doing a 1031 vs. Taking the tax hit in order to have more liquid capital to invest. I'm getting a wide range of estimates as a novice and would really apprec...
Daniel F. Harb
The Dow Tops 25,000!!! 2018 Will Be Awesome For RE Investing!!!
Yes! The Dow Jones Industrial Average just topped 25K! It will be an incredible year to add RE to the investment portfolio!Love to hear your thoughts about RE for this coming year.Best of profits to all BiggerPocketee...
Michael Shadow
Drug use and contacting the police
I went to one of my apartments today walked in the door and could smell weed. I knew which apt it was coming form so I knocked on the door and asked the tenant if anyone in their apartment was smoking weed, I knew th...