Hi guys, I have a motivated seller who owes $80k loan on the property. He wants 30k cash so total purchase price $110k. The arv with about 20k in repair cost is about $155-160k. I have 11 townhouse units similar to th...

I am a buy and hold person typically but I need to increase the funds so I am considering a couple of flips. Is there any andvantage to using hard money loans rather than liquid money in the bank to acquire and rehab...

Is anyone experienced in purchasing a probate home. I seen one in Southern California with some repairs it could possibly be a good home. But it will not qualify for an FHA loan because it need extensive repairs . If ...

Hi BP. In the last three months I have managed to purchase my 3rd and 4th property. Up until now, all income has been saved. I only dip into my reserves when the properties need repairs or upgrades. However, now with ...

As a rule of thumb.  What is the cap rate needed to cash flow a rental home with a 15 year mortgage?In this example assume 20% down and 4.25% rate.  

Curious what people's thoughts are on home warranties and whether they are worth it or not? We have heard very mixed reviews with some people saying that they are terrible and other people saying they're great. We h...

This is a followup to my post a couple weeks ago about my tenant wanting the A/C set to 65. I had a technician come and look at the system, and he said there is a severe kink in the line that could have been caused by...

I'm in the process of fixing our current property management and DIY, we are put of state so my plan is to create a spread sheet with all kinds of vendors to have easily at hand when something goes wrong, like a list...

Good Morning All.Can you tell me what happens when you fail a Section 8 inspection? We did not open the letter until 3 days before the updates/corrections needed to be ready before the final inspection and they were n...

Purchased a home two years ago, had a home inspection. Inspector mentioned minor cracking in stem wall, nothing of major concern. Suggests having a foundation specialist look at if there is concern, which was not done...