Does anyone else use AgentPro247 to generate mailing lists? I have been using this for the past few months along with Click to Mail for my direct mail and I am getting a ton of return to senders. Its not a huge loss b...

I was negotiating on a REO property owned by a bank. After many delays I finally gave them a "final and best offer" of $117,300 in which I required an answer by the end of the day (last Tuesday). They came back to me ...

BP,I have a guy that has a great property in an affluent Austin area however he is over a year behind and nearing the fatal court house sale.  He is working on a loan remodification with his bank so that he can get a ...

I have a tenant who is very frustrating.
They applied for a house and wanted to move in immediately.
There were tenants already there who weren't moving for another week.
The applicants were apparently staying in a ho...

My brother in law and I have been trying to purchase a rental for a few months now but we have been having trouble getting bids accepted.A few days ago we put in a bid on a short sale house last Friday.  The sellers c...

Over 60 days ago we placed a low bid on a house being sold as a short sale. The buyer immediately accepted. Now we just needed the bank to approve and the house was ours. Since this is a loss to the bank, they are tak...

Curious to know if anyone is successful in land contracts? If so, which market is hot for this and who would I talk about to acquire such a deal? Thanks.

There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...

I'm renting out a SFR in California. I had a young couple apply and pass the screening process. I offered a lease and they accepted. Because the move-in date was still a ways off, I offered to take a holding deposit/f...

As has been pointed out often on this forum - you must meet strict criteria to claim to be a real estate professional. Claiming that status when you do not meet the criteria can cost you a lot of money...M & M v. ...