![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1217483/small_1621510318-avatar-josephj95.jpg?twic=v1/output=image&v=2)
*Disclosure I am speaking to an attorney on the matter this week, but wanted to share and see if anyone has had a similar experience or knowledge in this matter?So unfortunately my contractor was late in getting me a ...
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Good day to all,i see many coaching programs in my area and wanted some professional feedback on whether or not this type of program is worth it or just a waste of money. isn't it true that if you do your homework, h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1900731/small_1621516546-avatar-christopherm706.jpg?twic=v1/output=image&v=2)
I moved to Alexandria, VA about a year ago and have been studying the real estate market in NOVA ever since. It's interesting listening to the BiggerPockets interviews and hearing everyone's success stories. But even ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1967639/small_1621517151-avatar-russellp47.jpg?twic=v1/output=image&v=2)
When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165444/small_1736140120-avatar-jackc346.jpg?twic=v1/output=image&v=2)
I'm a complete noob. I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI have...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/165587/small_1621420702-avatar-asilang.jpg?twic=v1/output=image&v=2)
So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/355556/small_1621446277-avatar-paralex.jpg?twic=v1/output=image&v=2)
We just recently started house renovation and got red tagged by the city inspector. I guess he saw dumpster while driving around or maybe neighbors complained. So we learned never leave dumpster in city limits.
Could...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/87709/small_1664570764-avatar-andrew_r_fidler.jpg?twic=v1/output=image&v=2)
https://www.toledoblade.com/local/city/2020/06/26/kapszukiewicz-administration-delays-lead-safe-housing-enforcement-citing-coronavirus/stories/20200626079The latest and greatest on the Toledo Lead Ordinance. The 2019 ...