Below is the market update that I sent to all of the owners that we work with. We send these out once every 3 -6 months. The format didn't transfer directly to BP, so, make sure that you scroll all the way to the bott...

Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...

I have concerns that the market may be peaking and reaching a point where values will begin to decline. What sort of strategies might be of good use in a declining market? I have thought I could buy and hold until val...

I wanted to get some thoughts on the following deal I am looking at:

The owner has verbally said he wants $60,000. I have not received any records of expenses yet. The owner is an older gentleman who is sick of the...

Sold a property with a small house and a few other agricultural structures on it, on 10 acres, Northern California, deal closed early last year. I carried with a quick pay off structure. Buyer has been late on everyth...

I am really upset. I bought a property from sherif sale. I was going to make a hefty profit from this sale. Today I received a notice from sheriffs office advising that “enclosed please find a courtesy copy of “plaint...

I have 3 tenants. All on the lease. A young woman, young man, and the young mans father. The couple is nice, and make more then enough to afford the place. The father was clearly a freeloader.

Last night t...

Many of you have had a very good run buying distressed properties, homes in need of repair, and successfully rehabbed and resold them to make a profit. I believe with the recent real estate crash, we have ...

Hey there! I’m looking into owning a vacation rental in Palm Springs but see there are a ton of regulations. Does anyone know how regulated these are or if it’s even necessary to follow these? Here’s a link to some of...

I just secured financing through a HELOC. I think my price limit will be about $120,000 for the purchase and rehab. What characteristics do I look for in a rehab house that will allow me to add the most value? I get l...