Hello everyone,

I'm a new member here and have been doing a lot of reading and trying to use the search function as much as possible before asking questions. But now I have one for everybody and I would greatly appr...

Background: The economy is on a tear, but trees don't grow to the sky.  At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...

Hello all, I want to become a hard money investor. What do I need to get started? What’s the going rate, what should I charge? Thanks in Advance.

I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...

I just heard on the news that real estate prices are dropping like crazy in Puerto Rico due to the state of the local economy. Wondering if that's a good opportunity to start investing there. Anyone on BP currently in...

Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...

Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...

Hi everyone!It recently came to my attention that my grandfather has way too much money sitting in a standard savings account earning a pathetic less than 1% interest rate. My grandfather's gears turn in money and I'm...

OK so we bought our 1st rental property...  spent about 10 months of hard work and sweat to completely gut it and put it back into great shape on our own.  Got our tenant and she had a good background check, a job, pr...

Hi BP,I need your advice on whether I should get rid of my problematic out of state SFR rental property or take a loan to gut it.It’s a 120-year old 4br 1ba SFR in a not-so-good part of Allentown, PA - very typical to...