A little background first.  In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego.  Averaging about $48,000.00 cash flow.  Life was good.  Then I calculated my return on Equity and noticed San Diego ...

Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.

To me, mold can easily be ...

Hi, I’m a new agent and one of the brokers I’m interviewed with mentioned the opportunity to fill out BPO reports in order to generate a little bit of income while sales are slow.   What exactly does does a BPO entail...

Greetings BP!

I'm new to the real estate community and i'm looking to getting into real estate investing. From what i have concluded, real estate investing takes quite a long period of time before you start t...

Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...

Hello BP!  I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex!  The gameplan for this thread is to chronicle my progress through the rehab,...

I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...

I am here to network and learn. I want to help however I can. I am a General contractor. Please feel free to ask anything about a project you have or are considering.

Just came into a duplex to fix a leak due to a moldy exhaust pipe for the AC. I did let the tenant know; and found a table with cocaine spread out.

I'm in Texas. What are my options; or what CAN I do? I try my best...