I keep running into articles about people who live an extreme austere life styles and do not work full time. (I call dibs on idea for the reality show featuring that life style).  I do not want to eat ramen noodles 6 ...

So my dad is currently 55 years old and has been unemployed for the past 8 months. He's been in the hotel industry his whole life but was let go from his job back in May and is struggling both financially and mental...

I am looking to put tenants into my first rental.  Exciting stuff.  I have two tenants who pass the sniff test with landlord references, solid job, etc.  One tenants credit is not that good due to being young and not ...

Maybe I'm naive but here's how I think we should have spent the first bundle of bailout money.

1) Take a look at each loan in Foreclosure and see what could be done to get them out of that state. (buy down interest r...

After the interesting discussions going on here at BP, thought I would share a parallel discussion which is ongoing amongst my circle of friends:

During the housing bubble, we were watching. We have some knowledge of...

to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...

If you all read my previous post you know I just acquired a 4 unit building in rural North Carolina. We discussed plans to raise the rent, allocate utilities to the tenants, pet fees, etc...Well I just met with all of...

All we ever hear is the good news. Brokers and gurus promoting 25%+ returns. Promises of quick turn arounds. No sweat, no strain.Many times that’s true. I’ve built a portfolio of performing loans that more than pays m...

I have a property that I am looking to sell by offering owner's financing.
My primary goal is to amortize the loan for 30 years with a 3 year balloon. Reporting to credit agencies will help the buyer refinance out ...

My wife and I are tackling this condo we got for a song because it was in rough shape from a hoarder who had lots of cats. Two days of cleanup and we only have the master carpet/padding to pull out. So far we've found...