Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...

California real estate investor Bruce Norris has predicted a 20% price increase in California residential real estate for 2013. This is a huge percentage increase, and many people are shocked by Norris’s prediction. B...

So I quickly got a property under contract (my first wholesale deal!!) and Im trying to understand what my options are at closing...WITHOUT the original seller knowing that I just sold their house for more. There is t...

Full disclosure -- I knew things were probably coming to this. I've had to send overdue notices several times this year, and a notice to quit twice (this is the third). I tried to work with my tenant but they simply d...

Hey BP - My wife and I started investing in real estate a little over two years ago.  We currently have 4 SFRs in our portfolio. We both have good careers in sales (not real estate), with a combined 27 years of earnin...

Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy. An architect told me that even though ADUs should not be bigger than 50% of the main hous...

Hello, I put an offer down on a duplex in Cypress Park Los Angeles. It's looking like a pretty good deal except for one huge concern that I have regarding a tenant who is occupying one of the units.  She is an older l...

Hello all,The subject line may be a bit overdramatized...but maybe not?  Just listed a finished rehab on Apjones last week. It’s not the greatest and nicest ever, but it’s solid and was decently priced. A bit on the h...

A woman I know just bought a house and hired a home inspector. Two weeks after moving in a pipe broke behind a washer and flooded her whole house. She had to have the whole floor - subflooring and all - replaced. Why...