Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...

Fellow Investors: After six (6) years of renting out properties, I still haven't yet figured out the best way to mitigate those tenants who fail to keep an eye out for the occasional leaky toilet flapper for which som...

We just had our first accepted offer on a house that I knew would have some underlying problems.  After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...

I've been looking into the future lately, maybe 5 or 10 years down the road. I was wondering what happens when I want to sell my real estate business. Lets say I've built up enough business to net around $3 to $5 Mill...

As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...

Folks...

So what do you do when they request highest and best to stay in the game on a house?

What are your strategies?

You increase a little (couple grand or 5k or 1k or substantial increase)
Or you don't incre...

Hello Everyone,
I was looking at some properties and the numbers (based on the price and current rent) don't work for a decent ROI greater than 8%.If the property was $20,000-$30,000 cheaper the numbers would work (8...

Hey BP’ers!
Has any here ever dealt with this situation before? 
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...

As I'm researching and reading and google searching and listening... I'm learning.I just wanted to use this space to note things I learn as I learn them.  I have absorb so much in the past month.  Not looking for a lo...

My wife and I have a NNN property in rural MS which is going great.  The lease is guaranteed by the parent company, so even if store goes dark, we get paid as long as the company is solvent.We live abroad and are cons...