We've been running all over creation showing a client $1M+ properties and finally put one under agreement for over $1.5M.All sorts of tiny red flags start showing up.  Earnest money check never arrived at the seller's...

Today For the last several months I've been analyzing properties listed for sale in the Tower Grove and select South City areas of Saint Louis to buy and hold. Very few are meeting the 2% rule though some pass using t...

Here's the skinny-

85 units
71% Occupancy
NOI 148,991 (Actual NOI from his package, however spreadsheets I got showed Actuals of 124,051)
Price $1.6M

...

Just want to get a feel for what other investors in the metro are see in the market. Most of the deals I analyze, I use the 70% rule as a starting point. Are you still using 70% or are you moving up to 75-80% to be ab...

Hello BP members,I'm one of the newer members of the BP community. Like many "newbies", I'm going to lean on this community to give me some guidance/help with some of the questions I may have. In return, I intend to d...

I am looking at setting up a program for helping people do turn-key rental properties, and I am wondering what people are looking for exactly when they are looking to rehab properties and and rent them out? What is yo...

I have a couple that asked me for a 90 day closing on my house I just renovated. Obviously, I'd like to close tomorrow :-)

Is this a normal request? I'm not real high on tying up my property for 90 days on ...

I was the highest and only bidder on a property yesterday at our local sheriff sale. I bid a .01 over the banks bid and everything seemed to be just fine. Today I received a call from the banks attorney asking if they...

Hi team,I recently closed on a 4 bed single family property in Jacksonville. My plan is to live in it for a year and buy another property afterwards. For the meantime, I'm planning to rent out the three rooms to my da...

Hi all-I have a 800+ credit score, which I am very proud of. I own properties with a higher rate than I like.  They are in high-end areas and generate juicy income! So the trade-off is worthwhile.  I am on the lookout...