Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy).  Property taxes are already high, but ...

I'm wondering if anyone has any advice/opinions on using whole life insurance to supplement my real estate investments. I'm currently 25 and am debating on whether or not I should set up a policy now while I'm "young"...

Hello Bigger Pockets!My main question is how much money do you leave in your rentals? I've got one rental property worth $280k, about 60% LTV (115k in equity). I just closed on my first "Live in Flip" and I'm moving i...

Overcoming the mindset of paying down mortgages is a dilemma for me.  Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence.  It makes financial sense to me to ...

My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...

I recently purchased my first rental property with no money down.  I did so by necessity as I am cash broke!  However, I do put a substantial amount of money into my 401K account every pay check.  I have always been r...

If you had to guess, what is the success rate in real estate investing?  Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...

OK I am still coming to terms with the current administration.(and may not ever) But what do you think will happen here? Do you think it's likely that he will be re-elected? If no, please input on who you think will ...

Hi everyone,I am new to this forum. I have listened to Bigger Pockets for quite some time now and finally decided to get on here because I current own a home in California, but I want to buy a 2nd house out of state. ...

Hello BP,I started my real estate investment career a little over a year ago. I bought my first three properties within two months of each other. Two of these were turn key rentals and the other was a rental rehab tha...