Hello BP! My wife and I will be closing on our very first property next week. It's a 4 plex in the New Orleans (Metairie/Old Jefferson) area that we will be Owner Occupying. Currently all 4 units are rented. 2 are on ...

With all the recent posts about wholesalers, I thought I might ask what I should do on this one.My seller inherited a house that is currently occupied by a family member. He wants to sell to me but is OK if I assign i...

There has been a lot of discussion on BP around rent to own, lease to own, etc. I have offered this type of deal on a few occasions, but it was never accepted. We all are big fans of the idea of, give me a big down ...

I'm wondering if anyone has use the strategy of buying a note after the Lis Pendens has been filed?  There's a couple of properties in the area that have enough equity and I'd love to try to rectify the loan, but if n...

Very seldom have I seen page after page (1, 2, 3, and 4) of listings that have a listing status of Contingent or New. About 10% out of 60 houses under $190,000 in 27616 have an Active status. What is going on? From pu...

The margins don’t make make sense anymore for me buying single families. Everyone is overpaying in my opinion. I want to buy the land and build 6-10 homes in a community. Anyone here looking to do the same thing?

Hello everyone,

I need some advice. I have a rental with amazing tenants but it's time to raise the rent a little. We were thinking about $20-30. My question is how to convey this to the tenants without alienating th...

We have a friend that has moved from Iowa to Texas but has a home that needs about $50k worth of work on it.She has very limited funds if any. I have agreed, if we can get a contract for this, to take over her mortgag...

Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...

Question to all my fellow rental property owners who self manage. Why do you self manage Instead of finding a professional property management company? A- FeesB- ServiceC- Trust Please be descriptive if possible so I ...