Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...

This has been a goal of mine for a while.  On fathers day I took shipment of a 1999 Lamborghini Diablo.  It is more awesome that I thought it would be!The full story is here including what I paid for it.  http://inves...

Hi All,

I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...

We've been purchasing a lot of product lately on short contracts to be competitive in the Austin market. A closing we had recently got a bit chippy and the title company the seller selected failed to tell us we neede...

Operating Expenses seem to be a big shade of gray for investors. Especially for a newbie like myself who has never run an investment property. Do the vets recommend itemizing expenses when running a cash flow statem...

I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...

Hello BP, I have a dilemma.  We have all heard the subject line a hundred times and yet I dont believe this to be true (in my short experience).  Here I am a newbie trying to secure my first deal in Omaha, Nebraska, t...

ARV=$160,000Contract Price= $49,000Repairs= $20,000-$25,000 repairs Problem: Owners deceased with NO WILLBehind Taxes= $10,000 (Tax Sale June 1st 2017) Owes= $24,000 (Charged Off but are accepting payments to principl...