Hello! 3 months ago I was taught by a guru how "easy" it is to be a real estate investor. Today I just learned that in CA you are required to include a 5 day rescission period on your preforeclosure purchase contracts...

My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...

Hello All,I am a new landlord looking for advice. My properties are Class C properties. I have recently asked for two most recent bank statements. What is it that you look for in a bank statement other than income ver...

I have a question concerning a Homepath property in my area.

The home is priced at 99,000. I could purchase the home as an investment with 10% down using homepath financing. I have also thought that I could encourag...

Ok.. well, my parents originally wanted to sell a commercial property. They signed a contract agreeing to close on may 31, 2007. May 31st has passed. My parents decided to tell the broker that they will think about...

This is an interesting article from the Lexingotn Herald Leader. Interesting to us, becasue we have rented to some illegals who gave us bogus ssn cards in the past, but have always paid on time:

http://www.kentucky....

Calling all landlords,I would love to get feedback on what other landlords are using for tenant screening services. Company or service referrals, cost, pros, cons? I will be renting both units in my first duplex in th...

Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...

I am a new investor in the Florida market. To start out I am looking to wholesale. What is legal and what is illegal. What contact do i use? What happens if I don't find a  buyer and I am still in the inspection period.

Hey everyone,I'm a newbie looking to get involved in real estate investing and was thinking if I could do flips by using 3.5% down with a FHA. For instance, could I put 3.5% down with a FHA, get a 203k loan to finance...