Hi BP! I need some wisdom here.

I am analyzing going in on a deal that is subject to financing.

The property has a first mortgage of 220 and is behind 13 months (11k) and is in pre foreclosure. The seller has a sec...

I bought a lot at a tax sale about 12yrs ago.  I bought a number of lots that day and I've been sitting on them.  I called an agent yesterday to get them all listed as the Builders are back.  The agent called me yeste...

A property that I'm thinking of putting an offer has an Addendum that lists:
"Buyer acknowledges that this property is subject to Short Sale Lender and Bankruptcy Court Approval."
"Buyer will pay a $5,000 Bankr...

Okay, this is going to be quite a long overdue success story, as I should have posted it months ago, but I was recently reminded of wanting to do it when I re-read @Mehran Kamari's post about his success story fro...

I'm new to the world of retail appraisals, as previously I've always sold to investors and never allowed for an appraisal contingency. I'm confused how values can go up and if the appraiser is using comps.

I liste...

Greetings all,Just getting started in making Real Estate my living, but not new to owning property, being a landlord, or dealing with problems. I will share some of my own stories later, but for this post I wanted to...

This is my first time dealing with a short sale in which the owner on title is deceased.  The owner's son is considered the executor of the estate, according to the bank, but there is no legal trust set up.  We're clo...

Hello BP!Are expenses per unit significantly different in small apartments (10-50 units) versus large ones (100+ units)?I came across a couple of listings for small apartments (16 and 36 units), where stated actual ex...

Hi guys,

I am in the process of negotiating a purchase contract for a house. The verbally agreed upon selling price is 128,000. The seller's brother (a real estate attorney) wrote the contract using standard state f...

We have a young single woman who is a tenant in one of our properties who moved in fall 2012. She's a nice tenant and responsible. There was an incident a few nights ago when a big fight broke out on the street in fro...