Hi All,I am bidding on a foreclosure and it looks like I am in a multiple bid situation so the bank is asking me for my best and highest. I am a little nervous as I don't have firm numbers on the rehab. I did my best ...

Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.

So not too long ago I p...

I am very upset at Wells Fargo Bank. We had been with the former banks Wachovia etc. since 1989 and NEVER had any late payments on anything!

Now Wells Fargo Bank - CEO John Stumpf recently received $25,000,000,000.00...

I rarely ever see anyone talk about amortization. So I'm trying to figure out how I should be thinking about this. In the first years of a loan you pick away at the principal very slowly. Is it worthwhile to use c...

I reside in Chandler AZ, a sub of Phoenix. I am currently still employed as a CPA and started investing in real estate two years ago and the learning by doing has been tremendous in experiencing the good, the bad an...

I have been educating myself the last few months about real estate investing (here, books and podcasts). I love how everyone offers the strategies that work for them and the mistakes they’ve made. We are saving cash t...

Disclaimer: All investment strategies and investments involve risk of loss. Nothing discussed below should be construed as investment advice.
F.U. Money should not be a dirty phrase as it is super important for you t...

Our personal home burnt to the ground on Wednesday. I'm wondering if anyone would suggest getting a Public Adjuster to protect our interests as I know that my insurance company adjuster is looking out for my insuranc...

I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...

Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...