I see a lot of new investors on BP and I wanted to share this story of a very prominent investor, hard money lender, developer, well known in the community that filed for bankruptcy during the financial crisis. He was...

Hello all,This is a part of another post I have which can be followed at: http://www.biggerpockets.com/forums/41/topics/1635...I have started a new post as I have a more specific question in regards to the property (3...

My wife and I were hoping to start flipping mobile homes but I found out today that I might need a dealer license.  I get the impression that it is a federal requirement, but that the licensing is done through the ind...

We are having sub zero windchills and have been opening our cabinets and washing machine and keeping our heat above average (70°ish vs. our normal 60°) to help the pipes from freezing. Unfortunately, this isn’t workin...

Hi All, After doing research etc on REI and looking at where my financials are it seemed wholesaling was a good place to start. By chance, while looking for a short term rental for a trip I have, I found a for sale by...

Hello BP,
Which of the following is better investment play for first-time investor based on current market conditions and that cashflows (8-12+%) per year?
1) Turn-key properties including new builds
2) Multi Famil...

My husband is a builder/contractor and we plan to build a vacation home in Truckee, CA that we can separate into 3 rentable units but all as part of a single house.  We currently have a primary residence and are soon ...

I've been trying to buy real estate for about a year and a half now but got stuck with analysis paralyses and have a basic understanding of creative finance but have not been able to close a deal. I don't want to quit...

All too many homebuyers mistakenly believe that they need to put down as much as humanly possible for several reasons: (1) they want to minimize their housing payment; (2) they want to minimize their debt load; and (3...

I'm trying to decide which route to take,  I have a new LLC trying to build business credit.  I purchased a duplex using my personal credit, trying to decide which would be the best approach in getting more properties...