Investment Info:

Single-family residence fix & flip investment.

Purchase price: $76,000

Cash invested: $180,000

Sale price: $208,000

First fix and flip project was a flooded home in Katy TX. ...

I learned this one from (now disgraced) real estate mentor John Beck
What John used to do was go to tax auctions, and buy the odd, probably worthless lots nobody wanted.  He’d pay $50 - $100 for these, and wait thru ...

Mortgage Update: Outlook is not good.
The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My local coffee shop typically turns about $1,000/day. Yesterday, Carlos had take...

Hello BP Family!

Okay, so I am in the process of acquiring a property from a bank, that currently has a squatter inside. Apparently this guy used to pay rent until the previous owner lost the property to the bank, a...

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...

As a realtor I'm representing an investor friend of mine who had an accepted offer on a short sale property where the lender is Wells Fargo.

The offer didn't get approved, despite it being for asking price and the bu...

The tenants ‘boyfriend’ leaves the property and oddly enough, another male shows up for a short amount of time. This happens regularly, according to the on-site care taker of the property. There’s either drug dealing,...

Any advice on what to do would be greatly appreciated!

I'm wholesaling a property that is set to close this Friday 02/15/13.
Back in December the Independent Executor of Estate signed the Purchase and sale agreement....

I have placed a For Rent sign out in front of a totally renovated 3bd/1ba corner house. I posted its availability on the local Facebook Marketplace. The posting outline min criterias; proof of income, background check...

I was wondering if this would be expensive or difficult to put back to the way it was (the house is concrete block construction). I know that I could leave it there, but insurance co. may require me to remove it, and ...