Hi all, I'm looking to get into my first investment property and have ran the numbers on what I think is a great opportunity. I have 2 questions, see the details on the deal below:1. Does my math check out? Am I missi...

Why would a contractor ask if a property is my primary residence?What are the differences between a consumer hiring a contractor to work on an investment property v/s a primary residence?What are the implications, as ...

Hi all, I'm currently working with a realtor to buy my first rental property.  Based on the suggestions in many of the BP books, I thought I'd try sending out some targeted letters of interest to people who might be i...

I'm interested in buying a few multifamily properties, potentially as big as 30 units.  I have looked at few different deals and every single one of them says the tenants are current and paying in full.  If I were to ...

I signed a contract to buy a property “as is”, however, during the time between us signing the contract and closing, we learned that we should have offered much less, but we already signed the contract (we were also p...

Good Morning BP World!I recently found a steal-of-a-deal condo in the NoLibs Philadelphia area. The current owner is a RE developer and wife is the RE agent....really nice / straightforward people. We are both motivat...

I would like some feedback on an opportunity that was presented to me by a lawyer that I was interviewing to be a part of my team.

buy a 650K note at 10% interest on a multi-family mixed use building.
the owner has d...

I just closed on a property and have a potential buyer for the house. The buyer may be open to purchasing the house now (pre-renovation). If this is the case, how should I proceed with the transaction? I assume I woul...

Hey guys. So I'm seeing a lot of good deals in my area of $300-400K homes listed at half their price as short sales. The catch is that there are uncooperative tenants living in these properties that are refusing to le...

I'm buying a small apartment building.  The owner is a realtor.  Owner says they don't want to use an attorney, that they will represent themselves.  Owner is giving some seller financing.  I'm uncomfortable with this...