Some background info. My girlfriend and I are both 26/27. I make ~$250k / year in sales while she makes ~$100k / year as a product manager. I only see these incomes rising over time. We live in a rather expensive city...

Hey Everyone, It's no secret that Americans owe over $1 trillion in student loan debt, spreading out over millions of borrows. I'm curious to hear how other successful real estate investors who were once faced with th...

I just completed my first deal after years and years of taking no action.  It's not a homerun, but it's my first and I'll take it. I bought a REO from the MLS with a partner.  We were originally looking at cheaper con...

Hi All,I'm curious how people are continuing to justify buy-and-hold investments in Illinois suburbs with the current state of property taxes. I've got my eye one pretty inexpensive property which is listed at $80K, w...

One of the many calls that I had today.  I am using Michael Quarles advice about getting the seller to give me their minimum.  I have had success and failure with this.  Here is the part of a phone call that I had tod...

Hey all. This is my first post on BiggerPockets and I look forward to interacting with everyone! I am two years out of college and it is clear to me that there has got to be a better way to financial freedom then my c...

I read the following article tonight:

Strategic Default or Efficient Breach?

that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...

Before I did my first deal, I spent time on BP searching for people like me going through their first dealings in this business. I found many who started sharing their adventure but when it started to get good, the t...