The 2% rule  TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...

As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...

As a new Realtor, I had a nice and challenging first offer fall through.  I feel I learned a lot, and know some things to look out for, but I'm curious if you pros would have pursued as far as I did or would have clue...

Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...

I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...

Glad I found this site. My name is Steve and I am 32 years old. I currently own a wholesale company for autos and powersports. I am looking to get into home flipping. I have a contractor buddy who approached me with t...

I recently moved from Panama City, Fl. to San Diego, Ca.   The real estate dynamic is completely different in Southern California so I am forcing myself to learn market research across the country. I am interested in ...

Hello BP nation. I need a little help. I live in a smaller community (approx: 45,000 pop) in S.E. Washington, Walla Walla Washington to be exact. It is a GR8 community and has been coming into its own in the Winery...

An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...