OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...

Hi all!My name is Serena Tillman and I’m new to Bigger Pockets. During this pandemic and social distancing, my hope is to truly grasp REI as much as possible to start the process of purchasing my first property at the...

Hi All, I'm curious what kind of property management fees everyone is getting. can you let me know 1) where you invest, 2) how many properties you have (and approximate combined gross rent if possible), 3) what your m...

About to pull the trigger.After a year of education, dabbling, and talking with hundreds of investors, wanna be investors, and sellers, I'm taking massive (imperfect) action. I'm a college student with a couple grand....

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...

I don't care whether you vote for this thread or not, but please give input. I've now been scammed by 2 members of BP, and know of others that have also been scammed. I've also received some suggestions from Vikram, ...

I just finished cleaning out a property that was damaged because of pets.  Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property.  Tenants signed lease Feb 1st.  Now, 6 weeks...

The company Churchill & Forrester, LLC seems legitimate when you're a new investor, the man you speak with there, Ed Franklin, seems wonderful to work with, just know - HE WILL DRAG YOU OUT WEEKS AND WEEKS, MAKE Y...

I'm looking for recommendations for a future STR. Would prefer responses from people with actual, personal experience.Requirements:1. Single-family residence, not a condo or timeshare2. On the beach3. Cash flows.I'm o...