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So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
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Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers?
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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
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Hello all,Long time lurker, first time poster so be gentle.I live in a small college town and I found a 6-unit apartment that I'm considering purchasing. I have a friend currently renting there ($600/mo) but he's movi...
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Looking for feedback from those using Rently, a lockbox/service which allows prospective tenants to let themselves in to view a property. http://use.rently.com/how-rently-works/Seems a little scary to me. Any horror s...
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I heard on BP Podcasts multiple times- especially from Co-host @Brandon Turner that he bought a house as soon as his daughter was born, he bought a multi-family property for a 15 year note so that when his daughter wa...
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Hey Everyone,
I hope you all have had a chance to check out BiggerPockets' newest series, On The Market. If you haven't you can find it here on Spotify or watch us and subscribe on YouTube. The show is designed to ...
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I recently contacted a real estate agent and asked if she works with investors. She said "yes I can help you, let me know what you're looking for" But how do I let her know that I'm assigning contracts? Any script I ...
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BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! Taxes! Boring and irritating, right?Perhaps. But if you want to succeed in real estate, your tax st...
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Hi all,I've been looking to invest in rental properties for a bit of time. I am currently located in Illinois (Chicagoland). I looked around this area, however the taxes here range from 5k-12k on typical home which ...