Recently I started using this tactic when making offers directly to the MLS and it works. It has some drawbacks that I will outline later. I can't say I'm the originator of this but here's the deal.I have the broker o...

Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...

Hello BP. Like many (most?) of you I've been enjoying the podcasts for a while and am now officially joining the community. I would like to purchase a buy and hold n-plex and like many first time buyers, have spent a ...

Hello, I recently inherited a home in Solano county, the home is paid off and was owner occupied since built and was well taken care of with multiple upgrades over the years. I initially intended to rent the property ...

I have a rental property that I've just taken over from my parents who are in their 90's.  One of the tenants has been there for 18 years.5they are excellent tenants, pay on time, clean and never complain... however t...

I own 4 condos in Chicago, I live in one and rent the other three out.  I would like to start buying investment property in Florida but was told by my lender that you can only have 4 mortgages on homes.  Other than bu...

I went under contract with my seller. He hasnt paid the mortgage in a few years. His statements show he owes 262k so we go under contract at 268k since all lis pendens were dismissed without prejudice. I find a buyer ...

This is purely hypothetical but I had an idea that I could explore if it's even legal.  My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...

Hello,My parents have recently asked me to become the POA and Representative Payee for my grandmother. My grandmother has been in an adult family home for the past two years out of necessity. Prior to the adult family...

I started renting the home my family and I presently live in 5 years ago.Never being late on a payment I started getting forms delivered to my house that stated an auction was to be held for the property.I notified th...