![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/305631/small_1621443106-avatar-buyholdfreedom.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2480383/small_1694606123-avatar-alyssap40.jpg?twic=v1/output=image&v=2)
How do I go about doing this with 20k in my pocket?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2823313/small_1695214249-avatar-mariec93.jpg?twic=v1/output=image&v=2)
I am an attorney. I invest in real estate as a "side-hustle." I've flipped 6-8 houses, made good profit on those, and just purchased my first 4-unit multi for mainly cost seg purposes/long-term appreciation. My W2 ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/207292/small_1621433235-avatar-psmith.jpg?twic=v1/output=image&v=2)
In 2005, I went into an agreement to sell a property I owned that had a mortgage on it. The agreement was basically written out on a standard residential sales agreement with the terms of the owner financing (me) ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/681464/small_1621495356-avatar-coryj14.jpg?twic=v1/output=image&v=2)
How do you go about sending an offer letter to a seller's agent if I am not represented by a buyer's agent? My state requires all offers to be on official state forms, is it legal for me to use these state forms or a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/103207/small_1621417176-avatar-davido1.jpg?twic=v1/output=image&v=2)
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2139504/small_1658879833-avatar-chrisb1252.jpg?twic=v1/output=image&v=2)
Good Morning! I have a quick questions and wanted to see if anyone has encountered this before. I have a Section 8 tenant who moved into one of my properties about 4 months ago. She has been an amazing tenant and I re...