Regarding small scale rental properties or I believe "buy and hold" is the term used around here (sorry, I'm new to all this).I notice that a lot of investors mortgage properties for 10, 20, even 30 years - whatever i...
I love the idea of buying rental properties in a more landlord-friendly area, but the idea of managing a rental property from afar is terrifying. I would love to hear people's experiences with doing this and how it ha...
Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
I’ve mentioned over the past few years to be careful how you pump and promote short term rentals to people in search of real estate. As I said before, when people take loses, they file lawsuits at anyone associated.Di...
Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...
Hello BP Community-I'm a new user and future Real Estate Investor in Central FL. I was wondering if anyone from my area would be able to share a Wholesaling Contract template with me that includes a "walk away" clause...
TL;DR: I want to offer on a few properties but the number that works for is well be low asking price. Like 30% lower than asking. Other than the risk of rejection is there any down side to offering? My market is prett...
Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
Hey there, BiggerPocketeers!As we begin 2017, what do you see as your biggest challenges your business faces? If you're a new investor, what challenges are you experiencing in getting your first (or next) deal?