Long story short the seller accepted my offer and now the deal has to be approved my the bank. The house was sitting since June with no activity and they dropped it $20k and I offered $7,000 off he new price. My offer...

Hello,I'm new to BiggerPockets but have found it very educating thus far as I get started in the REI world. I'm a Los Angeles native looking to invest in out of state income properties, and hopefully, build a portfoli...

As a FL Mortgage Broker, Real Estate Investor and Landlord, my advice to investors who are opening new LLCs, is to consider include the word RENTAL(s) in the name of your LLC.Examples:Smith Rental Properties, LLCSunsh...

The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...

I'm getting my wholesaling contracts together and am wondering how wholesalers decide whether or not to use assignments of contract. Basically I'm seeing two options for structuring a wholesale deal and would like to ...

I'm 23 years old and currently living with my parents working odd jobs, have an associates degree (in liberal studies.. yay), 0 debt and perfect credit. I've always wanted to get involved in real estate and would like...

Hello Friends,I’m newbie investor, or at least learning to be.I’ve taken the first step towards my RE education,i.e. attending seminars for a hefty price. I feel like I need more guidance than just attending seminars;...

Well, last night I took the school exam. Its required to pass before I take the state exam.

I felt confident I would pass. I know I wouldn't get a 100% but I felt confident.

Take a guess if I passed or failed. I n...

Hi BP friends!  I've got a tenant that is asking/demanding that I test for asbestos in my SFH rental.  This home was built in 1951, I bought in 2012; no basement - it's on concrete slab.  It was a fix and flip when I ...

I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking.  Just over 5,000 sq feet.  Units are renting for $625 each.  Close t...