Isiah Ferguson
The upside of D class neighborhoods ?????
Hey, BP family. I've notice as a new investor that it seem like everyone is trying too avoid D class hood. I hear a lot of negativity about it. Is their any upside with theses neighborhoods ? What's on the positive en...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Bill Plymouth
What's with the animosity towards whole-salers?
Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...
James Pederson
Serious Life-Changing Dilemma - Became Aware Of Major Fraud
Sigh. The last 10 days or so have been traumatic for me. I have a son-in-law who is an experienced real estate investor. I became aware that two deals had closed six weeks ago involving one of the investors I got him....
Account Closed
Is it worth it to sue?
Hi BP,I am seriously considering suing my PM, and would like to hear what other landlords would do in this situation.Recently one of my Dallas rentals became vacant. It was originally rented to an elderly couple and t...
Calus Glispie
Deal turned down bc of my “$1” earnest money..
So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
Marcus Auerbach
Thank God I had an LLC!! - Said no one ever!?
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Tyler Jahnke
Morris Invest Case Study 2.0
Hello BiggerPockets!I stumbled upon the Morris Invest Case Study by @Ian E. and am now inspired to document my current investment with the company. This is kind of a long post, but I hope you stay with me. Clayton Mor...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
Enyi Ajoku
Tenant Smoking Marijuana In Apartment
I have 3 young lads who are renting one of my apartments (a 2 unit multifamily) I will use names as Mr A, Mr B and Mr C. Mr A is signatory to the lease but on the lease is states that MR B and Mr C will also be livin...