Well, I made an offer on this one and the owner initially wants $547K, and said he was willing to come down in price for a cash offer. I offered $405K and he laughed at me. He later said he'd take nothing less than $5...

Considering my current situation of trying to get a problem tenant out and him refusing to leave, or pay rent, I'm wondering if jacking up the rent and then having HIM decide to move would've been better?? If I had ju...

I just bought a Triplex and am now about to collect rent for October. Last month the renters in unit 1 were late. I bought the building from my father and he said that they are late every month and usually don't pay t...

Hi All,I found a foreclosure that looks like it was an abandoned renovation attempt that went into foreclosure, last purchased in the bubble. The house (looks) like its in good condition in a nice development - but ha...

Hi BP!Just wanted to share a recent success story of my girlfriend in negotiating. I recently read Never Split the Difference by Chris Voss on the recommendation of a member. Instantly top 10 book for me as far as pri...

Hi all experienced investors would you prefer a turnkey investment with a tenant and management or an empty unit to place your own? Same purchase price,rehabbed with new c of o. Just want some opinions based on what p...

I wasn't sure if they would hold off or not but they have raised the benchmark rates .25%. There are raises planned for next year but those might be softer - we will seeAnd just as I thought, there was a knee jerk rea...

I am about to purchase my 2nd turnkey property from Memphis Invest since 1st one has turned out great so far. As with first property, the plan is to buy and hold for the long term, and to create income streams that I...

Good morning BP community,

My father owns 7 units and 1 commercial property all but one of which has the potential to cash flow (some of the units are currently occupied by family at little or no rent). He is...

We hired a contractor to decommission the septic system and tie into the town sewer in order to sell our house. The contractor tied ONE line into the sewer and dug a hole into the septic tank. The inspector came and s...