We're seriously considering a 2 br 1.5 ba condo, listed at $39,900. Needs about 10-15k cosmetic work. Resale would be 75-80k. The catch?  Of the 32 units, 12 are rented, so underwriting could be a problem for buyers w...

Hi,I just joined this community in a hope that i can get some expert advise.I bought property at auction dot com :-((((( without seeing the property from inside. It has basement, first floor and second floor. Been vac...

My tennant moved in, at the time our place was flea free. After a bit more than a month, she told me she has all these bites on her legs (July 25th). I suggested she can use our organic bug spray around her room to se...

Hello All!My first post, but have marveled in the info you all have provided to me so far. I'm a teacher looking to purchase a house at our county sheriff's auction in 2 weeks (summer…).  I've been to a couple auction...

I've had a problem tenant for months, literally from the moment he moved in. Complaint after complaint after complaint.To cut a long story short, recently there was a leak from a pipe in the condo, nothing major. I se...

Hi guys,I had this woman who owns her own business, makes 100K per year rent my house. The rent is 3K.She has been living there for one year,  always paid on time until this month.She said there  was an issue in her b...

Hey BP world!! I am happy to say I am officially under contract on my first property!! The property was a succession sale that I got at a great deal. The property was inspected today and the inspector discovered th...

Hi, I have a question about wholesaling. The question is dealing wih approaching a lead. I just recently found someone who says they have a home for sale, and 'many oher properties' he wants o sell in he near future. ...

Hey everyone, in the BP podcast #50, a flipper had just finished rehabbing a house in north Detroit. When he came back the next day, someone had broken in and changed the locks. He said he had to get in touch with his...

I gave a Chicago tenant with a month to month lease a 30 day notice a few days after the new month started (big mistake, I know) and did not ask for them to pay other rent, just to leave in 30 days. 
I got a letter f...