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Results (2963)
Sara C. Overpriced, first home bought in 2007 - what to do with it now?
24 April 2018 | 32 replies

{Numbers included}You've heard it before: in 2007, my husband and I were young and naive, and desperately wanted to purchase our first home. Not only did we pick a neighborhood that we didn't know well (which turned o...

Michael E. Creating my unfair advantage
31 January 2022 | 67 replies

Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...

Eddie Torres Who has successfully built an ADU?
2 October 2022 | 13 replies

Looking to get feedback from anyone who has successfully built an ADU on their primary residence. I realize when building an ADU and renting it out, you lose a level of privacy but it's a sacrifice for rental income. ...

Brad Henson First deal fell through - what expenses can I deduct from taxes?
13 June 2018 | 2 replies

Hi All,I was under contract for my first property, but it ended up not appraising, so we backed out. This property was located in Michigan (I'm in CA). I spent $525 on the inspector. In addition, I spent $400 on a fli...

Roger Leonard Current Market Condition and Outlook Bakersfield 2016
25 April 2016 | 5 replies

So, I am located in the LA/OC area and thinking of investing in a SF home or two in the North or Southwest area of Bakersfield. The market seems to have recovered within 20%-25% of the 2006 peaks according to what I c...

Bo Edmond Hurricane Insurance Claims
26 October 2018 | 5 replies

Hi, I’m a newish real estate investor and both or my SFH properties are located in Panama City, Florida. One property has half a roof and is probably a total loss and the other has bad roof damage and the sunroom was ...

N/A N/A trying to understand bank's motivation for bid at auction
30 November 2006 | 5 replies

I've heard about banks bidding at auctions - would this only be for the sole purpose of raising the bid to try to cover their lien on the property? Otherwise, I don't understand why a bank would send an agent to the ...

Vahid Mostafavi Getting out of bad deal or stick around?
13 September 2019 | 2 replies

I got into a bad deal years ago (with little real estate knowledge), which had created negative cash flow every month. The price of the property in the area has also depreciated and is not expected to up soon. I know ...

Dede Christensen For those in Houston- my thoughts & prayers are with you
30 August 2017 | 0 replies

You have a huge task ahead, to recover from devastation, and you will recover! I wanted to take a moment to say my heart goes out to everyone who is suffering injury, loss of life and property.

Ardel ALegre Sue and collect from tenants with little to no money.
11 August 2023 | 3 replies

Recently had to evict my tenants for unpaid rent for a little over a month. I was ready to take the loss, but I just got the video walkthrough of the place. It is an absolute mess, and I am guessing 30k+ worth of dama...