My wife and I just submitted an offer on a house here in Spokane that is being offered as a short sale. This would be our first home. The homeowners have a medical hardship and the bank, Ocwen, owns the first and se...

Hi BP, I have a tenant with a 2 yr lease that started the beginning of this year.  She has already been late on rent 3 times so far.   I've been sending her notices of late rent every time and this has continued to ha...

I might have run into one of those creative financing situations like mentioned in one of the podcasts, but I'm a bit overwhelmed as to how to go about doing it.  A lady I used to work with has asked me repeatedly ove...

Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...

Economic Update
(Monday, July 27, 2020)

This week is a good week for real estate investors (particularly if you have a house for sale). Existing houses sales are up, new home sales are up, inventories are down...

A long time friend is looking to cash out of his duplex rental property to get away from tenants and pay off his primary home. He has it on the market now for $95k. He said he'd sell to me for $60k.

- Property gros...

Hello My Oklahoma Investor,What system have you guys been using to collect rent from tenants? I am putting my Lease together and I am not sure if I give my personal address, create a PO BOX or use an online tool.  Any...

I have a question regarding late/NSF fees. I attempted to pay my rent online this month since I wasn't able to get a money order in time to pay the rent. I used their payment portal which only allows transactions dire...

Hi - we bought a 2 bed condo last year from Fannie Mae and subsequently rented it to a young couple with a baby. We understand the previous owner (before Fannie foreclosed it) had died in the unit a couple of years ag...

Hi BP,Quick question.. looking for some good advice!I just purchased my first duplex on Mar 31, (yay!) and I will be living in the top apt since it is through an FHA loan. The bottom tenants are very nice people and a...