Last night I agreed to meet with a contractor for an estimate on kitchen and bathroom renovations and he came drunk out of his mind. Although my driveway is steep and winding, I had given him an advance on bringing a ...

Hello BP!

I need your opinion on the flooring job in my latest acquisition. I pulled carpet and had a local contractor sand/refinish the original wood floors. He tells me this is the best he can get them to l...

Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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Dallas Texas MarketPurchase Price: 84kEstimated ARV: 149kRenovation: 30kCurrent Days On Market: 55Original Listing Price: 149.9kCurrent Listing Price: 146kCurrent Net Profit Potential: 10kThis is my first flip and I e...

So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...

 I know that they say leverage allows you to increase your returns, however; I've heard a popular investor say that he used to think that many leveraged properties were the way to go, but that now he realizes that one...

Hello everyone,

This is my first post, I've been a reader for about a week and now ready to ask a broad question. How should a first timer invest $80k in real estate?

First I'd like to thank the regular contributors...

I've already got:
- Signed lease
-  Five Day notice to pay or quit delivered by the Sheriff
- Tenants Rights and Responsibilities Acknowledgement form signed by tenant acknowledging receipt of legal aid info.
- Re...

Hi folks,I won't bore you with a long introduction.  Here is my situation:My wife and I had a W2 income of approximately $230k last year.  We'll do about the same this year and every year for the foreseeable future, g...

Have a bit of a unique situation.

Got a tenant in a SFR 3/2 property. When he first rented the place he just got divorced and was looking for a place. He is the only occupant other than weekend visits by a ...