Lowball offer - I am sure most of us in BP heard this term.Is there a definition of lowball offer?If i offer 10% less or 20% less it is a lowball offer?Is the definition different in each market and sub-market?Do the ...

Hi, I'm looking for good property management in suburban Detroit. I have a condo in downtown Royal Oak that I've been self-managing.  I'm interested in buying more properties, so also looking for local partners. Pleas...

Hi all. A friend wants to sell their property to me (they don't know how to manage and want out) and I want to know if you know any lenders who will do a commercial loan (it is a multi use property) and use existing e...

I just received word that Fannie and Freddie are increasing their standards for secondary home purchases. I was looking to jump into long distant investing in several months and was curious how I could counter this. D...

Hello all,I'm writing to get some advice on withholding money from a tenants' security deposit because of damage caused by his cat. He just moved out yesterday and upon getting the unit ready for turn over I discovere...

I find myself at times confused finding how to structure my self in my business 
My goal is to become an investor 
I figured the skill set I can acquire by being an agent would put me in a good position to be an eff...

Hi Everyone!I am new to self storage investing and was wondering if there were any Acquisition Pro-forma Spreadsheets that you recommend?  I have a potential deal that I wanted to see if the numbers work out.  Any hel...

Hello BP familyRecently bought a quadplex. And one of the unit I went into has an issue on the second floor where one of the room hardwood floor is wavy. I can feel like a speed bump in one spot in the room, is that l...

My wife and I have a few rental properties and are interested in purchasing more.  Today, we toured a property that would make a great, unique vacation rental property.  We are currently in the process of buying anoth...

Dear shared wisdom of BP,I'd obviously like to talk to my attorney and account before I do anything, but I thought I'd ask the question before potentially wasting my time (and money) talking to them.I'm going to check...