We have a unit that currently has baseboard heat (electric) The tenants we had in there years ago never complained about the cost of heat, but the tenants we have had for the past 2 years say that their bill goes up $...

Yesterday morning (Dec 16th 2015) I received a voicemail message from a guy who received one of my postcards that asked to buy his vacant property in Pittsburgh Pennsylvania. After work, I was able to catch up with th...

Hi, my name is Lauren and I am new to BP.  My husband and I started doing research and looking at properties in the Big Bear Lake area.  We have so many questions and we want to see what you guys think:1 - Condo vs Ca...

A week or so ago our tenant reported that the basement smelled of gas and they were worried there was a leak. We instructed them to call the emergency line for the gas company and have them come out. They did and the ...

I'm a realtor in Oregon. My principle broker last week dropped a bomb on us, saying that balloon payments are going (have gone?) bye bye, and that most people who are going to carry notes on their own properties, will...

This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...

I have an $82k HELOC and wanting to start out of state BRRRR. What are some good markets for this? I was thinking Ohio, Texas, or Florida, but I've been warned that Florida might be too expensive right now. Thanks in ...

Buy and Hold is promoted by most property investors as the Holy Grail. How can so many people with money be so wrong?Although many created their investment capital by wholesaling houses they now choose to become inves...

Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...

I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?