Hello everyone,I recently got in touch with a mortgage broker so he could run my numbers and tell me what I could afford to purchase. He came back and told me that my debt-income ratio is already at 58% WITHOUT consid...

Hi BP,

I was wondering if there are any states, cities, or areas where they are completely against wholesaling? I understand that it is looked down upon in general by some but are there any areas where it is deemed...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...

Hey there! Question about home appraisals and what to do when your selling price doesn’t match the buyers loan appraisalI’m selling a house I rehabbed. Did the deal and rehab all in cash. Had an offer within 24 hou...

I'm in los angeles california and i found out today one of my military tenant has 2 guns with him.... this is very scary for me... i still have 2 rooms to rent.. for the new people coming in can i put a clause in ther...

Hello,I have a question about whether property manger is at least partially responsible for repair costs on bursting pipes due to heating being off after tenant abandoned the property.  The property manager for one of...

Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit.  The tenants are upset because of the amount I've withheld.  Here are the basic fa...

I just listened to Marko Rubel's "Profit Grabber" webinar and he said it will work for wholesaling as well as other types of REI strategies. Has anyone used his program and if so, what is your opinion?

I gotta tell you. I'm frustrated. Maybe I'm alone.  However, sometimes it feels as though I am the ONLY one who seems to "get it."   As a Realtor®, I recognize the inherent brainwashing that goes on in the industry wi...