Kate Barry
Keeping the faith after multiple rejections...
Hey BPI'm looking for advice, encouragement, anecdotes, anything really that can help me find the spirit to keep at this.We have had two seriously fantastic deals slip out of our hands at the last minute. I know, onl...
Jim Cummings
California Rent Control
California Draws Battle Lines in Rent Control ConflictKathy Fettke | 28 May 2018The battle lines have been drawn in the war over California rent control. Tenant advocates announced recently they have enough signatures...
Christin Nguyen
Counter Offers on Deals
Hello everyone,I put an offer on a property that I plan on living in and then fixing it into a short term rental.Asking price was 179,900. I offered 170,000. Seller countered with 175,000. Are we in the market to ask ...
Anthony J Cappetto
Legal question about using a POF "template bank statement"
Hello,My fiancée and I have been researching and learning the business of house flipping/rehabbing since Sep 2021. We heard of a program which uses other people's money OPM (I will keep nameless and call Program A) an...
Ryan Dukelow
Calculating Cashflow
So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
Rahul Bhatt
How to get loan when DTI is high
HI Guys,I live in SF bay area where house prices are really high so I have a bunch of mortgage debt on my credit report. My DTI come around 60%. my primary home my self and my wife are co applicant.Now I am in the mar...
Thom Sieloff
creative financing???
Greetings my good friends at Bigger Pockets! My wife and I are looking to acquire our very first rental property. (WooHoo!) However, we need some ideas on how to get financed.
The scenario... We have no money to put d...
Daniel Thomas
what about Section 121 is so special?
I'm trying to understand what the big deal is? As I understand it, you save capital gains on $250k for single, $500k for married when you sell the house you lived in so long as you lived in 2 of the previous 5 years....
Wayne Terry
Getting properties via tax liens/sales
I am looking to take ownership of property by way of tax sales, or liens. I hear that is a great way to get property for pennies on the dollar. My goal once I get the property is to quickly sell it or maybe even rent ...
Michael Masterson
Disputing Affordable/Section 8 Rent
Hi Everyone, I just recently put an offer on a duplex in Cleveland area and one of the units is classified as affordable/section 8. I purchased with the intent of honoring the current contract and not renewing next ye...