Been wanting to write this for a while, but got distracted with my buy and hold houses. I've learned so much from Bigger pockets that I wanted to share my Rookie mistakes and hopefully help others.Overview- Bought thi...

Hello all,I am renting out a "2" bedroom apt in a 3-fam I recently closed on in a new area I'm investing in. I've enlisted a Realtor to help fill the fisrt time around so I can see what kind of feedback it gets and we...

First off definitely want to wish everyone good health during this tough time. With the current crisis going on alot of people will look to get ride of their properties to get much needed cash. But my question is are ...

This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end.  Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...

Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...

In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...

Hi,

I was wondering what everybody's opinion is of making loans in second position. Under what circumstances is it alright to consider a loan in second position? Thanks in advance!

Hi guys I wanted to post an update regarding my RAL (assisted care home) journey and updates on to the current status. I've had quiet a few people reach out and ask about my thoughts about my experience with Gene's RA...

I am an MLO in California. The Exemptions in California follow the Federal law. I am doing a survey. What are the laws in each of the other states with respect to exemptions and seller financing?Thanks in advance for ...

Unicorns, Sasquatch, Centaurs, Bulk REO Deals . . . they all seem to be mythical creatures.

I've started this discussion because I'm pretty convinced that we will be terminating the BP Bulk REO forum and will require...