Hello Bigger Pocket family. I recently purchased a 6 unit property. Within 5 days of closing on property. My on staff maintenance worker went to fix a radiator leak in the property. He was removing a radiator valve wi...

I’m a newbee so I need some good advice.  I cash closed ($75K) on a property 4 weeks ago.  It wasn’t my intent to pay cash but Covid happened and many lenders were at a standstill so I ran out of time (it was purchase...

Back in 1985 when I wrote, 121 Real Estate T.I.P.S., seasoned investors use this technique quite regularly to quickly acquire property and build their portfolio of properties.

Creating paper (a mortgage and a...

Hello BP!I currently have a property under contract to purchase that has a tenant in the property on a month to month verbal lease.  My strategy has been to assign the contract to an investor for cash who would allow ...

I always get a lot of questions about how to handle the money so I'd like to go over a few of the basics.
- Touching the Money
Sometimes when people hear the kind of interest I pay they will get so excited about loa...

Over the last few weeks, I have been working on my long term goals (14-15 years) within real estate and life as a whole. Essentially, I want to systematically grow my portfolio over the next 14 years by adding a door ...

Hi BP friends!We are in the process of acquiring a 12-unit apartment complex (3 quads) in Wisconsin with an April 15 closing. Today we were notified that the current owner is serving a 5-day notice to Pay or Quit on o...

Was looking into some of the direct mail posts and it seems a lot of people are targeting absentee owners or probate.Does anyone target borrowers who have been given a notice of default? I have access to a data base w...

What type of journal would be the most helpful to you? 

Hi all,So I served my only tenant who has ever been late w non renewal papers . Throughout this year they have been late on multiply occasions and I had to serve them many times to pay or quit. The last two times we s...