What is the biggest real estate investing mistake you have ever made?

Please share your experience in detail and provide a solution (if applicable).

Hi BP,I'm a big car guy and have thought for a long time about opening up a self storage facility with an automotive niche. Recently while discussing cars with another gent, he mentioned he has 4 acres sitting dormant...

I have a good friend who is a fairly new real estate agent. Her broker recently had his license revoked. This just recently happened, and I can't provide details at this time. My friend's listings are still unde...

Ilhan Omar a Democrat from Minnesota has proposed this bill that gives free rent without sufficient reimbursement to the housing provider.  It includes an attempt to take over privately owned apartments by the governm...

That's right.  I own a SFH in Los Angeles, and the last time my tenant paid rent was Feb rent.  So now he has missed Mar, April, May, and we are coming up on June.  He has not offered to make even partial payments, an...

I'm looking to purchase a 4 unit property in Los Angeles (rent control). Tenants are paying $300-$400 for 2-3 bedroom apartments. Crazy. I would obviously start with cash for keys strategy first but in the worse case ...

Hi BPers, I have a condo in NYC, and I have been lucky that my tenants of 6 years have been paying throughout last year. But no surprise, they want to move out when their lease comes up this year in June. my building ...

Hello everyone,We are buying our landlord's house (2 floors) we both live here on separate floors. As part of the agreement, we will let our landlord stay for life. We will not be able to sell or rent the space our la...

So as I understand it, the reason for setting up and LLC is for Checkbook SDIRA. I do not have an LLC but I have contacted my SDIRA holder and I am ready to purchase my first property. I can do it all cash for a duple...

I recently bid (and won) a foreclosure auction in which the bank owns both the first and second positions on a property. For some reason, they decided to foreclose on the second position first - giving me the opportu...