Hello all.  I am a new investor that just recently purchased my first 5 plex.  Getting to here has been a 2 year journey - reading, analyzing, contemplating, no action, repeat.  And then I just decided that I will pro...

I have considered buying houses ($150-200K value) in Texas for rental income. However I'm not impressed with my expected annual return. If someone could help me with my analysis; it would be much appreciated. Below is...

Apologies if this has been asked before, please just point me in the direction of that post if so. Looking for creative ways to get a good chunk of cash for first property. We have the worst house on a good street. Ho...

I am getting familiar with Washington State absentee-owners in foreclosure. Now before anyone gets all "excited", absentee owners are fair game in regards to foreclosure so lets please not open up that can of worms. A...

I think this a good time to reflect as 3 years ago this month (August 2011), I purchased my first rental.  It was an out of state duplex, in a not so nice section of Rochester NY.At the time, the rental was 1 of 4 pro...

Hey BP, so I landed my first OSS rental property a week ago in Michigan and while I'm celebrating my victory as a new RE investor, I find out yesterday that the main water line to the building froze and the tenants ha...

First post here, but long-time "stalker", looking for opinions. We have a house in need of repairs and want to sell it as-is.  The property is very unique and comps are hard to find. Tax appraisals/assessments are all...

Hi BP Community,I am new to renting to Section 8 tenants and have a question on the inspection process.I received a notice that an inspection was performed on the unit and that it failed for a few reasons. I was delay...

I've spoke with a seller who moved out of my area and north of Detriot. He has a 3 bedroom 1.5 bathroom he wants to part with for $15K. He's firm at $15K and I checked county assessor, the parcel was assessed at $62...

Brand New 3 Bedroom , 2 Bathroom, 2 Car Garage, 1445 SQ Feet under air Purchase Price is $131,900 Seller paying All Closing Cost , Plus 1 Year full Warranty...Rent in the Area ranges from 1,000 - 1,500 per month, base...