HiI am a newbie investor.  I am interested in investing out of state as I live in California and our tenants rights are awful here.  It is so difficult to get rid of bad tenants....plus the ROI here is not great.  I a...

My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...

Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...

I have been involved with flipping properties since early 2000s.   First subbing out as a carpenter for several local investors and builders.   When the market dropped out in 2008.  Everyone I knew including myself we...

What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...

So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...

I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.

There is a strong contingency of folks that claim you should nev...

My First Deal and the 12 Deadly Mistakes I MadeThe quick and dirty numbers: Purchase Price: $17,307Purchase Closing Costs: $2000Rehab Costs: $80,748Roof: $6538Foundation: $3000Handyman Labor: $19,284Dumpster: $4378Ele...

Actually started this venture about 3 years ago.  I might get some activities out of time sequence.  Sit back and grab some popcorn.I will chop this up into smaller segments, so each one isn't too long of a read and h...

When it comes to lowering mortgage payments and increasing your cash flow on an existing investment property, chances are you’re probably thinking about refinancing your loan and getting yourself into a brand new 30 y...