Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...

Hi everyone, I have a situation where i have a tenant in good standing and she gave me her 60 day notice to move out before lease renewal. I found a qualified new tenant and offered him a lease. The tenant in my apart...

You always hear about rental properties as passive income. Well I totally disagree. Even with PM in place, there are still many active activities when it comes to direct property ownership. Yes, it does take several t...

So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.

I have never ta...

I could use some advice. I am in the process of buying my first rental property. I just learned that the appraisal came in 10k under the asking price.

It's a turnkey deal so there's no room to renegotiate the price....

Guys, please help me out with your opinion.I ordered tiles and had them delivered to the property. I specifically told the contractor in writing, what tiles were to go on the bathroom floor and walls.Today he sent me ...

Hey All --After many months of work, the New BiggerPockets is now here!If you're on the old site, click the link at the top orange bar and you can start using it today or go to http://beta.biggerpockets.comWe've got a...

Seems some places are better to invest in than others.
Where does the line between profit and risk cross?
50. Rochester, New York - 748 violent crimes per 100,000
49. West Palm Beach, Florida ...

My property in MD is turning over to a new tenant. My PM sent me a quote that gave me a small heart attack. Upon further inspection, I quickly recognized that the times they were allocating for various tasks were gros...

This might be my most controversial post ever…that is, until you see what I have to say.
And what I’m talking about is cash flow – and you’ve been lied to about it. Ok, maybe not LIED about it. But it has been GROSS...