If I get a quote for a rehab from a contractor, they work the job, and then the job goes way over budget, what happens?  Is the contractor responsible for some or all of the cost, or does it all fall on the investor? ...

I'm looking to replace 12 older air-conditioning units that are through the wall models. My HVAC guy is telling me that I cannot use conventional wall unit air conditioners and the one that he is proposing will cost...

Hi all! I'm a recent college graduate who has been saving up money and reading a ton of bigger pockets and am ready to get started investing in real estate. There are two markets that I am looking at, both have their ...

I bought a tax lien certificate in 2014, in Aug 2016 I got the tax deed which i recorded it on my name. A week ago i got a letter from the an attorney saying the former owner wants to redeem and to send him the amount...

Hi All,Loaded subject line, but here goes...I'm a licensed Illinois Realtor (about 2 years experience) in the Metro East just outside St. Louis, and I'm just about ready (after much paralysis by analysis) to begin inv...

Hello!  I'm a private lender and recently received a signed promissory note from the borrower that looks well and good (based my research of all things that should be in a note), but it doesn't have a signature line f...

I'm just trying to think outside the box here.  Please note I have virtually no knowledge regarding mobile home sales.  From what I've read Dodd Frank has pretty much put an end to rent to own and lease to own options...

Hi Everyone, Couple of months ago I got involved in a short sale. The broker gave us a BPO of $140k. Suggested I bid 120. I bid 110. Couple months later the bank came back with their appraisal of 170. Broker said thei...

Hey BP community after skimming through the forums I noticed a common thread, net operating income (NOI) is frequently confused with net cash flow (NCF), so let's clear it up!  Since we are in the Multi-family (MF) fo...

Hello BP community.My business partner and I are close to purchasing our first rental in New Brunswick NJ. Recently I had a conversation with an established flipper/investor who recommended not worrying about an LLC f...