First, I'm confused as to what exactly caused the housing bubble of 2007. It sounds like people were unable to pay their mortgages, thus resulting in foreclosure, but why were they suddenly unable to pay in the first ...

This is not to be apocalyptic but to bring back to the front of people's minds a tradition that seems to have been lost recently. People used to keep pantries with significant stores of preserved food on hand in the ...

Hey all,I have listed a property in Katy, TX. It's been on the market for about one month. I believe the price is good according to CMA.It is a two story, with all bedrooms upstairs, some people say they need at least...

Hello BP,I recently closed on a 5 unit property where all of the units are way below market.  With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...

Last week, I closed on a triplex and my portfolio hit 25 units, and I wanted to share what I've learned in the hope that it may help some investors who are starting out (both young and old). This deal:Purchase Price: ...

Hi guys, I have a post one page back with all the boring details on this Sub2 opportunity. Seller is willing to deal, and I think I have a 85% shot at getting it. Here are my questions...1) Can the bank NOT let me bri...

There are always posts about whether or not a recession is coming, or whether or not someone should wait for one to invest. Instead of that question, I’ll ask .... do you want a recession to occur in the next 12 month...

So I have been listening to several podcasts, which are all awesome and super-informative. Can't think of a higher yield source. (See www.biggerpockets.com/show75 specifically) and there seems to be a mistrust or no i...

Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...

I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs,  I am wondering whether to keep the old one to commu...