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I'm sure this has been answered somewhere on the forum but nothing is coming up in my searches so far. I started doing property management last year and currently have 2 properties. I need to do a year end statement f...

Bank of America, one of the country’s largest mortgage lenders, says it is loosening its policies on short sales in response to the U.S. Treasury Department’s announcement last week that it would increase incentiv...

Would a business license be required in addition to an LLC to do wholesaling, buy and holds, fix and flips? Or is only an LLC sufficient?

Hi all,One of the keys of effective negotiation is to have some way to justify a really low (or high) offer. To get a really good discount on a property, what are some of the tactics you guys use to shave 5, 10, 20k o...

Hey BP,I am currently in the process of acquiring a duplex that is occupied by tenants that are paying well-below market rents.  Legally, I can only increase rents by 1.8% under new ownership unless there is a capital...

I have researched this issue and am aware of the tax disadvantages, and there is no mortgage, ie: no "due on sale" clause, and my state only has 10k in homestead exception.  My goal would be to protect my home from pe...

How much of a return should an investor get, if they give me $5000?I say $500 in 6 months, plus what they invested.An investor said that was too low.Is this too low?

It has been suggested to me that sending a written offer on every property regardless of how far apart on price you and the seller are is a good idea. I want to start sending more offers via mail but I'm wondering wha...

Many brokers request in the LOI phase "A Written Position" from buyers to justify which party will pay for closing costs. Maybe this community has some superior logic to share which has been successful in getting thos...