Hi everyone, I'm new here! Quick intro: I'm 26M, and have been trading in the stock market for a while now and am looking to (1) generate nontrivial monthly cash flow and (2) diversify some of my money out of the stoc...

Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...

Hi BP - looking for some advice because I am in a sensitive situation. Basically, I violated the age old rule of rooming with friends. I put goodwill and faith that everything will work out and be OK... not. Long stor...

Hey Everybody,It feels good to finally say that I completed my first real estate transaction! I joined biggerpockets early last year and started learning as much as I possibly could.. maybe even for a little too long....

I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...

My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...

I heard Illinois created a new law that was just passed a few days ago for wholesalers stating “Unless you have your realtors license wholesalers can’t perform anymore real estate deals” is this true??????

How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...

I have recently talked to a motivated seller who received a piece of my direct mail. The numbers are tight, however, if I can work with the seller directly and he doesn't have to pay the realtors commission I belie...

Hi Everybody--I've been watching and researching the foreclosure auctions in Hillsborough County (Tampa, FL area) for the last several months and think I'm ready to move to the next stage-- POSSIBLY bidding! ;) And, b...