I am extremely interested in getting into buying properties at sheriff auctions.  I have been doing a lot of research and am left with some questions.  I would like to hear about other people's experiences as well.My ...

As a first time home buyer planning to house hack in Upstate NY, i’m looking for feedback on how to view multi-family properties during this pandemic. I’ve experienced a lot of resistance, mainly because tenants don’t...

Hi Bigger Pockets!My realtor has sent me my very first offer, woohoo! Since this is an owner occupied duplex, I must first submit an offer in order to gain access to the inside of the home. I am reviewing the offer no...

I have become obsessed with the idea of owning real estate over the past couple of years. I have started a business within the last year to make some extra money, so I can begin investing. My company is beginning to c...

My tenant was in the attic and said they found some what appeared to be fresh rat poo.I sent a pest control guy over there and he came back with the following recommendations:- Apply detour and traps in the attic - Fo...

Hi All,  I am rehabbing in the mid west and was looking into getting my real estate license and to become a real estate broker to add value to our rehab venture.  Does anyone have experience if getting licensed will a...

Hello, I'm working towards purchasing my 1st investment property, but I don't want to use any of my own money. (which is not much) I've seen the different types of funding out there and was wondering if anyone with ex...

Interesting situation: I have an offer in on a probate property. Property is in foreclosure. No equity in home and a special administrator has been assigned by court as the PR. Thus this deal would be a short sale. Ad...

I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are: 
Is the journal entry correct? 26K is quite a bit of reven...

I sold a house with owner financing.  Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments.  How would you record the journal entries for this type of transaction in cas...