I know that folks on this forum always recommend (rather strongly) requiring a security deposit along with applications for a rental property.  (This is the deposit for the application, *not* the deposit for actually ...

What are the pros and cons of having your real estate license as a fix and flipper? And as a buy and hold investor?

I’m considering getting my license and would love some help deciding whether or not it’s a good idea...

Income: > $200,000 (gross) before bonuses; Credit: mid/high700 to 800; Rental History: Great, references available. Clean background. No pets, no smoking. Quiet, clean, responsible. So are the people I tend to be a...

I've been a BP member for over 4 months now. I have become interested in REI but today I have a more of personal situation rather than a business.So here is a quick timeline of events.- Early 2017 My family and I deci...

Hey BP,So I just got my first house under contract (woohoo!) and everything looks good. Rehab is pretty straight forward, except for one thing: there's definitely foundation issues. There's a pretty solid vertical cra...

Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...

Hello I am trying to reach out for a little help or ideas before i continue. I know many of you have wholesaling experience so that is where my question is directed. I have a friend that is willing to let me practice...

Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...

I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...

How much do you pay a lawyer on the buy side of a transaction? I saw another thread that said they work with lawyers that have $250/hr rates. I've been told $550 and $700 by individual lawyers to close on a property.A...