I've been a proud BP member since February of this year and literally have no idea where I would be today without this site, it's members contributions, and the kind spirit that it's members embrace.

I would like to ...

I am an active real estate agent in MA and finding BRRRR deals are tough in this state right now. Boston drives a high cost of living and the real estate market has been a strong sellers market for a very long time. W...

I am going to lose it if I hear another seller tell me they want $65,000 for their $15,000 property because that what the auditor said it was worse.Nothing in the neighborhood has sold for more than $30k in the last 3...

I know of someone who bought a retail property a few years ago. Retail in the sense that it’s your standard building with parking lot and retail tenants. The NOI at purchase was $90k. The bank gave him a 10 year loan ...

Last year I was looking to buy an REO (from a small local bank), and went through several bid rounds. First round, the broker held my bid and shopped it around, until she found one she liked. I didn't win the bid, and...

Hi All,Feedback requested.* Situation: I am in contract to purchase an apartment building.  Purchase price $1.5M,  $400K down, for a loan of $1.1M  By making extra payments towards the principal and a large lump payme...

HiI bought a REO property using conventional financing. The appriasal came over the sale price but its still lower than the market value. This is not an issue for current purchase. But if Iam selling it, say within 2 ...

**This a new one for me!!**How to underwrite a applicant that is retired living on supplemental income and proceeds from a sale of their home? What type of information should I request besides monthly bank statements...

Success can take many forms. If you asked 10 people what it takes to be successful in property investing, you may get 10 different answers. Some people may say a real estate background is key, while someone else may t...

I read a recent post on real estate agents in the Los Angeles area being generally rude. I know that's a massive pool of people to generalize, but it seemed like a few people were agreeing. This brought to mind the qu...