I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...

I have a single family rental in a low- to middle-income area. The furnace is about 22 years old and seems like it may be on it's last leg. When it turns on, it can take 2-3 tries for the burners to light - but it doe...

The California Dream For All program wants to help minorities own a home. How will they do it? By purchasing 45% of the home! The buyer gets in cheap because they only have to pay for 55% of the home, but then Big Bro...

Hello BP!!! Well after many, many months of reading and educating myself from the wealth of knowledge here my wife and I have purchased our first investment property! Ruby Door Properties, a brief history: I like many...

So I have a tenant who sent me a text message asking if she could pay $300 dollars now, and another $ 300 on the 16th plus the 25$ late fee.  I inherited the tenant over a year ago and she has been very good.  Hasn't ...

A Menards just opened in my area. I've heard about this store for years, but never had the chance to go inside one. They've been mailing out flyers like crazy and seem to have good deals on stuff. I currently buy most...