Hi BP folks!I want advice on a lender that I might be working with. She's not asking for any upfront fees, but she does ask for a due diligence fee of upto $75,000 that is held in a escrow account in NY. She is asking...

I have a situation unfolding and even though I have a feeling about this already I felt like asking other landlords for their advice... and it doesn't hurt to add stuff like this to my knowledge base. I'm from...

I am remodeling two small bathrooms in a small house for a rental in A class neighborhood. Houston suburb good schools. I can get 1350-1500 rent for my 1100sqft 2/2/2.

I have read some people say you should put dark...

What color do you use? I have seen a lot of this brownish color. What color is this anyways? What do you use and where do you buy your paint? Home Depot, Lowes, Porter's Paint, Dupont, etc? Does it even matter?

The area I am interested in buying has SFH that are $50k and less. I have heard on here that those are considered really small loans and some banks won't give a mortgage on them.
We have $30k to use this year to star...

I consider myself to be pretty savvy and, thus far, have been able to spot and avoid being scammed. However, recently in my pursuit for private money there has come an offer that has me a little unsure of proceeding....

I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...

I had an idea the other day, and I was just trying to touch base to see how other people feel about it, basically it entails, having a friend or partner low ball a property harshly that way when you give your offer (w...

Hi.

I have 4 rental properties financed through 3 different mortgage companies. 2 of the 3 told me today that they would call the mortgage due if I transfer the property to an LLC.

I am waiting to hear back from the...

I'm debating on whether to use a HELOC or a Home Equity Fixed Rate Loan to finance a garage conversion ADU. I am in the process of getting bids for the 350 sq ft garage conversion ADU, but I'm expecting 70-85k. Could ...