Unfortunately we didn't fall under the category of "deal fell through at the last minute."  Ours went through.   Long story short, we found a house on Coldwell Banker.  Drove 4 hours to look at the property....twice. ...

I own two SF rentals in San Antonio, Texas and before I buy a third one, as per the popular suggestion, I wanted to move both homes in to an LLC for asset protection and minimizing personal liability. However, as I st...

Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...

While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...

I just got a pretty severe lecture from a house buyer. Trying to figure out this game and making your way as a wholesaler title companies etc are going to look at you like you've got two heads from time to time. "Peop...

Hi BP!  I'm going to search the forums for similar discussions, just looking for some advise...  We're part way through our first flip and have had decent luck so far getting the right guys in place to do the job, exc...

I list my properties in MLS and also do rental open houses 2x/week.  I have a newer rental property that I rented out for the first time last year, in July, got it rented in 2 weeks for $1600. This year,  listed it Au...

Hello all. I just read an article on commercial financing that said commercial lenders would consider rents in the decision when financing a multi-family if there were leases. I am going on a three-day car trip tomorr...

Hi all!This is a very long and detailed post.  Way longer than I anticipated, but I tried to answer all the questions I had prior to starting this process, which was a lot.  If any of the info below is incorrect, let ...