Hey BP! I have a question for you guys. If you had a loan from a private lender for $300,000, but the lender wanted monthly payments of $1,750 for the next 30 years at which point the loan would be paid off in full, h...

We are 2 days away from closing and our private lender puts in to the promissory note that we have to get rid 2 of our 3 dogs by jan 2011. I already put 1000 in earnest monies and I can't not get rid of them. They are...

I have recently found a note for sale where the payor and payee are working together to try and sell their second (private) mortgage. Both are aware that the note would be discounted if sold, so the payor is willing t...

Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...

I have done many flips and know the area well. But, I am perplexed at our newest flip to hit the market. It came on Friday 5/5 and we have had no showings. Normally, I would say the price is too high of course but ...

Anyone out there have experience with vacation rentals in the Waikiki area? I am considering purchasing one on the island of Oahu in Hawaii and am doing my initial research. What occupancy rates are normal? Which buil...

I am nearing completion of a property I purchased with intentions to keep in my rental portfolio but have decided to "ring the register" to build a little cash while I see what the market does. The property is a top/b...

After two years of BP homework I'm very happy, relieved even, to have acquired my first buy and hold single family residential home in McKinney, tx. I picked it up from a dallas area wholesaler, networth realty, who w...

Hi everyone,My name's Jennifer. I've been in real estate for five years doing flips and a few buy and holds. I am in the Tampa / St. Petersburg and Jacksonville areas. My brother is a contractor so he does all the ...

just wondering what the minimum amount of profit to be made on a flip might be...my friend said she expects make at least $15,000 and wont buy anything that may bring in less.
Thoughts?