Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:

Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...

I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...

A Father came to look at our rental for his newly graduated college son. I gave the Father a Rental Application as well as an Oregon Rental Application Addendum & Fee Disclosure. The Father dropped of both signed ...

Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...

I'm working numbers for some out-state buy-and-holds.  As usual, I'm underwhelmed by the numbers, especially in the Midwest and the South.  Man, those are some low rents, even in good areas for good houses.I'd like to...

Hi everyone!  I am from Atlanta, Georgia, but have been living in Asia (currently Tokyo) for the past 7 years.  I and my wife plan to move to the US around the end of this year at which point I'm planning to start a c...

I've started a new "Sub$30k" thread in an effort to step away from the chaos that has become a few of the other threads. While I've reviewed most of the opinions contained in their respective comments sections, I'd li...

Dear BP friends --I am thinking of buying a property for cash.  However, I am concerned about using up all of my non-retirment money on a property deal.  It's just scary.  We obviously need to have an emergency fund f...

Mind Blown: For the longest time many people have posted so many negative things about banks etc. Myself included..... then I thought about it: Why tf would I hate a partner with virtually an unlimited bank account? B...

Before we took control of our own acquisition one of our earlier suppliers was Memphis Investment Houses and their property management company owned by Terry Brown. Terry appears to have skipped to Chicago, (accord...