Hello! My brother and I just purchased our first home this past August 2016. Our parents gifted us $150k for the down payment on a $510k brand new track home in Tracy, CA. The $150k gift from my dad was money he pulle...

Good Afternoon my Bigger Pockets people! So, this pass Wednesday I had the pleasure of attending an real estate seminar. You know the one that tries to sell you a class or a product at the end?  ( Are those classes ev...

So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.

Thought a brief discussion could be fun:

1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...

I’m in the process of purchasing a property via a wholesaler and we’ve scheduled the closing at a title company I’m familiar with. I was just made aware that the woman selling the house has “dementia” (I don’t know ho...

Hello BP!

We are new to REI. We are wondering how you develop your lease? Is there a template you use? Does your lawyer develop the lease?

Please share

Some recent stats128 Homes Valued at $25M or more (one unit sold at $100M last month)It seems like out of nowhere, people in NYC are all of a sudden paying completely nonsensical prices for housing.  And this is only ...

So I started with single family buy and hold rentals like a lot of the people here on BiggerPockets. However, being out of state, it seems like the average rental is going to generate 8-15% Cash on Cash returns, depen...

Hey BP!,Since graduating I found myself anxious to get into real estate asap! I keep reading all these success stores and I feel I am ready but the only thing holding me back is thinking should I get out of debt first...

Scenario - Sellers bought house in highly desirable neighborhood in Phoenix, AZ at peak of last crash. They still owe $650K. The home is worth between $595-610K. ARV could be right around $650K. Home is 5 bedroom.Sell...

I normally wholesale in Memphis, TN but I've come across a rental that I'd like to own.  The property is currently rented for $660/mo, I can buy it for $22,000. It definitely needs some updating and the market rents ...