There's a letter from 45 Congress members to HUD stating concerns about recent sales of notes to the big players. The letter states concerns that "speculators" don't put neighborhood stabilization at the top of the th...

Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...

I have a now former tenant that I didn't renew her lease because of the condition of the apartment.  She has vacated the property -- which I'm thankful for -- but left lots of damage on the way out.  Door in the basem...

I have a rental property that I've just taken over from my parents who are in their 90's.  One of the tenants has been there for 18 years.5they are excellent tenants, pay on time, clean and never complain... however t...

Hey BP, the other day I was listening to the bp podcast feat. Michael Quarles and he said something that really struck me. Something along the lines of," after giving my usual offer (low-ball offer that all wholesaler...

Hi everyone!  First of all thank you for all the knowledge and information being shared, it's extremely helpful.  I'm in a position to really start towards my goal of building wealth through RE investing.  It's someth...

Hello,I recently saw a FSBO sign in the yard of a 4-plex. I looked up the sellers info and they live in the Chicago area and I am located in the Lexington, KY area. I am going to call them Monday and would like some a...

Is it typical for an appraisal to come back almost exactly what you're purchasing the property for? 

So I'm working on my first real Estate deal. The seller is someone I've known for a long time and we are going to work out a seller financing option next Saturday.I don't know if anyone has ever done a deal like this ...

I'm having a hard time understanding which Florida foreclosure auctions can actually be won by a third party bidder, and would love some help.  After looking at about 6 months worth of my local transactions, probably ...