![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2220343/small_1665333772-avatar-brycer35.jpg?twic=v1/output=image&v=2)
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2435860/small_1694815941-avatar-tiffanyo22.jpg?twic=v1/output=image&v=2)
I'm looking for opinions on if I should sell my rentals. I have 5 single family homes and I hate them. They are under quasi-management (long story) and largely I don't have to babysit them, but every notice of an issu...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2692992/small_1706773029-avatar-jonathanw512.jpg?twic=v1/output=image&v=2)
So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...
![](https://bpimg-biggerpockets.twic.pics/no_overlay/assets/uploader_default_urls/2_news_item.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4237/small_1621346945-avatar-gogladiator.jpg?twic=v1/output=image&v=2)
12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/454436/small_1621477379-avatar-dons25.jpg?twic=v1/output=image&v=2)
I started investing in real estate over 8 years ago and I have done all kinds of deals. I started as a landlord and buying Rentals. Then, I started wholesaling and flipping properties (currently doing about 50 trans...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/145149/small_1621419283-avatar-wendelld6.jpg?twic=v1/output=image&v=2)
Finding deals is crucial to success in the life of a real estate investor. I've never met a successful real estate investor who has not made finding deals into a repeatable system. Maybe one can get lucky finding a go...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1185458/small_1621509991-avatar-flcam2.jpg?twic=v1/output=image&v=2)
- How do you handle your security deposit? Do you use it for fixing the damages during the tenants stay? - When the tenant leaves and demands security deposit back, how do you handle this? - In PA, I can hold for up t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/861171/small_1621504596-avatar-freebornhomes.jpg?twic=v1/output=image&v=2)
I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/307527/small_1621443228-avatar-tiagom.jpg?twic=v1/output=image&v=2)
I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...