So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...

Hi Everyone,After finishing up Rich Dad Poor Dad for the third time and with the support of a few amazing human beings, here I am writing my first BiggerPockets post rather than lurking through the blogs and forums la...

I'm buying a small duplex that needs 20k work, not including labor. I'll be doing the work. Do I do a SOW, just to learn how or do I just track the expenses and hours of labor?  When I say, "I", I'm referring to my ...

Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...

My goal other than Wholesale is to house hack via multifamily. I've been networking for some time now and a co-worker of mine noticed my "we buy houses" car magnet and told me about a property he and his girlfriend in...

Hey everybody! I purchased my first flip house back in August of 2016. I held this house way longer than I anticipated due to a full time job, other side businesses, and life being really busy! I contracted out 75% of...

My husband and I are DINKs with a plan to retire early, well go to very part-time, that seems too easy, and I'm hoping the experts (you!) can help us vet this plan.I'm 39 and my husband is 46. We live in Austin, TX an...

I’m heading to the Gatlinburg/Pigeon Forge/ Sevierville area next week and am going to look at short term rentals while I’m there. I’ve listened to Avery Carl and reached out to a realtor with the Short Term Shop to s...

Hi Everyone - you may have noticed that we recently added some credentials to your forum cards. If you hover over my name, for example, you will see my posts, votes, # of investments, and investing experience in years...

People in Michigan hate renting houses without basements. But then at one point or another they all leak. They all have a hairline cracks and you get that call.

What do you do? Do u spend thousands to waterp...