I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...

Hello friends,
I am currently under contract with my first STR in northern Michigan. The location we chose will be a 4 season rental (skiing, snowmobiling, boating, fishing, golfing) with lake/dock access. Our offer ...

I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...

Hello Bigger Pockets Forum,I am located in Los Angeles, CA and have just graduated college. I am liquid 100k cash. My best bud from childhood is in the same boat with 100k cash. Together we are looking to start our re...

How profitable is the rental business? I've been looking over some threads here and see that percents are used a lot when dealing with duplex's/ plan on renting out a building. I'm not too certain on the percents an...

I would love to hear comments and suggestions and creative counter offers on the following owner financing deal-6 unit (possible 7th) multi-family property in an older part of community. Old, not run down or "the hood...

Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.

I just did this on another property - bought an...

As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...

Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...

Is anyone selling part of their portfolios in overvalued markets before the next recession hits? If you’re in middle income areas are you prepared to make it through the next storm?? What are your strategies??