Say market rents are $1,000 in the area. I'm thinking of offering about 20% as a rent credit. $900 pays for the lease, and a separate option contract gets a non-refundable $200 paid into it. Is that a fair split or do...

Hello BP, I'm new to BP and we recently had our offer accepted to purchase our first rental, a condo.  The same tenant has been in the condo since 2006 and wishes to stay.  I am fine with keeping her and her rent at i...

Needing some guidance as I am a first time home buyer, single mom, and I work as a registered nurse. I have the flexibility to travel around and was looking into taking a minimum of a 2 year contract either in Hawaii ...

Hello Bigger Pockets members, My name is Michael Hopkins. I am 24 years old.I am a new investor in the Ocala, FL (Central Florida) area. I Have listened to almost every podcast and read many of the Bigger Pockets book...

Hi All,New to the BP site.  This looks like a great resource and network.  I've been listening to the pod-casts; i like what Josh and Brandon have going on.Back in 2007 I got my real estate license and worked Commerci...

I saw a craigslist ad for a 3 unit for 120K.  I only have enough for about 10% down right now so I asked the seller if they would consider seller finance for three years. Here were his terms:10 yr amortization @ 10%, ...

I am still very much at the start of the learning curve, but I'm fairly sure I want to become a Buy and Hold investor -- the rest is too abstract for me -- and that I will likely live in my first property, in part so ...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $2,801,000

Cash invested: $850,000

Added to our collection with a wonderful turnkey property in the Sunset P...

Looking back over my LONG real estate investing career (40 + years!) I’ve come to realize that my best ROI investments were accidental!  By that I mean that I purchased expecting say an annualized 5 year 12% return, b...

For those that drive for dollars, why do you choose this strategy instead of just paying for absentee, pre forecloseure etc lists? Is it effective for you? How much time do you dedicate to it?