Hello BP, I hoping for the valued opinions of the BP community for my current predicament.A purchase agreement was signed by both parties for the price of $152,500 for a 3/2 owner occupied, with two 1/1’s attached ren...

So we've got an accepted offer and have fulfilled all conditions. Had a bit of trouble with financing due to the type of foundation but that has now been resolved. But last night, just before our deadline, I wrote to ...

One of the many calls that I had today.  I am using Michael Quarles advice about getting the seller to give me their minimum.  I have had success and failure with this.  Here is the part of a phone call that I had tod...

I have a challenge with my current realtor. My flip property has been on market for 70 days. Since it’s listing it’s drawn 2 site views, over 400 views online. At what point should I consider switching brokers to take...

Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...

Hello!I’m trying to learn the ropes as I go. I haven’t purchased my first investment property yet and honestly, I’m determined to gain knowledge through self education and I have no rehab experience nor have ever work...

I'm wrestling with cashing out my 401k and I'm wondering if this is something I should do with mine and my wife's 401k. The purpose would be to push it into real estate. Total we have about 70k in our collective 401k....

It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...

We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...

Here in Orange County, CA we are in the middle of a sellers market, with sales at the highest level in 9 years. Inventory is down, prices are up. There's also been an uptick in new jobs with many companies hiring, whi...