Buying a a property is like buying a business. Nobody wants to pay too much for a business that generates only so much profits. Similarly, we need to think rationally about a property from an income approach, just lik...

I heard a great quote today on the podcast, "If your not embarrassed by your offer, than your asking too high."

While I know we can negotiate on the purchase price of a house, I was also wondering what other things ...

So, I actually try to respond to the yellow letters I receive. I figure that everything is for sale if the price is right and it's always nice to form a connection with a someone in the same market. But my goodness fo...

Should pay taxes or too much for a property?  I have 2 weeks left to ID a property for 1031.  The taxes owed would be around $15,000. Stuck myself in a situation without doing any prior marketing for deals because I w...

I have searched the forums and there are a number of threads on buying REO's but I didn't find the answers I was looking for, so... There is a property that was on the auction that went back to the bank as an REO prop...

This piece is a meditation on the guilt associated with wealth accumulation, specifically the personal longing to achieve it.
Ever since I remember, I have been told and guided by friends, family and passers by not...

Many people have highly recommended the book, Rich Dad Poor Dad, by Richard Kiyosaki.

I came across this great article that completely tore the book, and the author, to shreds.

http://www.johntreed.com/Kiyosaki.html...

I placed an offer on a REO property last week and when I mentioned to the real estate agent that I would be wholesaling it and doing a double close she looked at me as if I had 3 eyes. She said she had never heard of...

Does anyone as a landlord do anything they have thought is cool and has worked out well?

For example, I had refrigerator magnets made for our property management company with the phone number to call for iss...