Hi everyone, I'm trying to get a better understanding of the mortgage system and all the players in it. To my understanding, a lender issues a mortgage to a homebuyer. They give the buyer a sum of money and receive a ...

We have a pretty good tenant who is interested in purchasing the property.  We had a PM for 1 year, and just terminated our agreement with PM last week - wanted to learn the business more on our own.  I went to check ...

Hi BP,I've been given an opportunity to buy multiple rounds of single family performing notes in Texas (1st & 2nd positions). Most are around the $100k-$125k range (9-10% yield). Unfortunately I am out of cash to ...

I deal just fell into my lap over the weekend. A family friend that has his on REI business (175+ properties) wants to start liquidating his properties and is giving me first dibs. He wants to sell of pieces of his po...

I'm seriously considering investing in Detroit within the next 90 days. I've already spoken with a property manager and agents, but I'd like to hear firsthand experiences from other new investors in the Detroit market...

Curious? What % return 100% of security deposit? What do you think is the average $ amount applied to repairs? And, how does that fit into some of the new insurance products that are being marketed to landlords in ...

Hi BP,I'm planning on partnering with someone on a future deal, the issue is they will be the one supplying the down payment which will roughly be $50-70k. We're going to do a simple 50/50 equity split on the ownershi...

I am purchasing properties with hard money, then refinancing. I have used hard money companies, but now my family and friends are interested.  I have no problem with this, as long as it is in a contract.  I need ideas...

Greetings;I have been trying to find anything which says I can or cannot have my tenants sign a rental agreement (M2M) upwards of 3 weeks before their move-in date.  I just want to get them 'locked' in so I can know I...

I am renting a high end apartment in NYC. The prospective tenant is a college age student who does not have a job. She is pursuing an art fellowship. Her father is acting as guarantor for her. He lives in Califor...