Hi BP!Here's the situation:  Tenant moved out and was adamant about receiving the full security deposit back.  I explained that I will enforce the lease and any damages, or uncleanliness above and beyond ordinary wear...

I would like to start my real estate investing career by the end of this year.  I am also interested in becoming a realtor as I believe it would be something I would enjoy.  Anybody with experience have any input?  Do...

If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?

Hello, I am needing some guidance on the best strategy for us. We live in San Diego and will be coming up on the 2 year mark of purchasing our primary residence this February. Purchase price was 630k, currently worth ...

I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...

How often do you guys write offers before doing a walk through, based on the numbers?I’m looking at small multi family, and I’d like to increase my chances of getting an offer accepted by simply writing more offers. I...

I've been hearing a lot about short sales and the trend towards more of them to avoide foreclosing. I also hear that they are a lot of work and the banks frequently don't approve the offer price after working on them...

Dear BP,

Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.

I have my HELOC approved. I have...

Hello,What is the best way to manage and communicate snow cleaning responsibilities to tenants. In my area it's not possible to hire a professional who would come and cleanup whenever it snows for a flat yearly fee, I...

Hi,

I am finally finishing the seller's financing contract (I am the buyer) and I have a question about pro-rated rents. The house is currently occupied, and I have read in a few books, that when you actually close i...