Dejahn Renrick
200k profit from my 1st flip, What now?
Hi everyone,So a little background: I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit. The short version is I purchased a Single family ranch at auction using 100% hard ...
Terrill Clark
Things You Wish You Would've Known With Your First Apartment
Hey Biggerpockets Family!I've been away for a while just learning what I can while working a shit ton so I can save up for my first property. My plan has shifted from wanting to flip homes when I first started on this...
Mindy Jensen
Want to start investing in foreclosures?
Nearly 9 percent of mortgages are in forbearance. Discover a new kind of real estate investment and uncover profits on your local courthouse steps!
Welcome to the world of buying foreclosed homes at auction—a real ...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Mike Downey
New to R/I. Looking for advice on whether to sell or rent my condo.
I have no rental properties at the moment, and I am in real estate investment learning mode at the moment. I am in the military and will be moving at the end of 2023. I currently own (not paid off) a condo and I am lo...
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Land Trusts with LLCs??????
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
Marietou P.
Land development - I don't know where to start
We have a couple of properties in Atlanta, Georgia, in very desirable neighborhoods. My brother and I got really lucky during some tax sales. Property 1 is 14.7 acres but has two easements: a gas utility running on th...
Adam Craig
Why BP so negative on property management?
I commented before on my situation, but just a quick recap so you know where I am coming from. I am self employed via eCommerce and my business bring me about 15K/ month profit and rising - leading me to want to inves...
Aaron Sizemore
Tenant could not pay full rent. What would the pros do?
So here's a little background on my situation. Just wanted to get some input from you guys on how one should handle this particular situation. I purchased my first rental property, a bank owned townhouse approx. 1 yea...
Derrick Gordon
SHOULD I CREATE AN LLC OR CORP?
I see most people have an llc - is there a significant reason why?