Hello All!

I need some guidance please. We have a tenant in a home in Northridge, CA that we bought from him, then in turn leased to him so that he could stay and try and get back on his feet financially.

He has no...

Hey all! 41 yr old W2 employee in a long standing family business getting ready to start out in REI. What did you find was the MOST important thing you did when starting out? Thanks,Rick

Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000

Q3, 2007 apprasial with quoted repairs $2,000,000

Expenses run 40%, plus vacancy (est. 10%).

Gross income is $330,000

Your thoughts?

will i know if someone is highly motivated to sell their house to me?i have sent three mailings and most of the people who call arent very motivated.  i am wondering if i am doing something wrong. i have about 500 peo...

What is the number one mistake new investors make ?

Hey all,Was just curious if vacation rentals are generally recommended and a good idea for a newbie investor. I've just started listening to the BP podcasts and reading the beginners guide, so I have a ton to learn st...

My husband and I own several rentals, all of which we have purchased with cash. But we have been re-evaluating how we may fund future deals. One of the major factors that we have been overlooking with hard money is le...

I made an offer on a duplex property in a tough part of Saint Paul today. I offered about 20% lower than the asking price so I'm guessing it won't get accepted. It's in a neighborhood that has some houses with boarded...