I was curious how many of you have property management agreements where the PM has inserted a clause saying they'll be paid a specified % of the sales price if sold during the term of the agreement. Sounds crazy to m...

I’m brand new to the REI world, stumbling into it after hearing a comment my stepson made to my wife: “Why does your generation only focus on being mortgage free?” My first reaction was to dismiss it as 20-something i...

Hey Everyone! I've spent years crunching deal numbers just to let good properties get away and then see the gains someone else ends up making down the road... It's finally time to make moves, and I thought some perspe...

Hello All, I've got a bit of a problem that I'm seeking some guidance on.I was a tenant for the past two years in a 3-family house in Boston where a full month's rent was held for a security deposit. I've been working...

So I'm doing a cash out refi on my primary and I was already expecting a low appraisal based on that information alone will bias the appraiser, but this is ridiculous!!!  My house is worth about 800k, is  single story...

Hey everyone,So I've been mailing letters to probates in my area (both to the petitioner and the attorney) and I finally got a lead. Got a call from the son of the deceased who is the administrator to the estate.Wonde...

528,000 foreclosures so far in first 6 months. On pace for over 1 million this year. That is a # that, to my knowledge, has NEVER been reached. What will 2011 be? Higher or lower? Where are all the buyers and cash go...

Hello -

I am in the middle of an inspection period for a duplex. The inspection report came up with some significant repairs that need to be done (all categorized as safety issues and major issues). The pre-i...

This post is going to highlight the events that took place over the course of a month for one of my rental properties. Keep in mind this property is relatively turnkey with most capital improvements completed within t...

Hi everyone!I'm considering buying my first rental property in Lubbock, Texas as a mid or long term rental.  I did some research and saw that there is a lot of economic growth and the housing market seems reasonable f...