So so weird....The tenant calls about a month ago saying the ceiling in the basement is dripping water o_O. He did shut the water down to prevent further damage.We rush there, open up the ceiling, drain all the water ...

Hi Friends,I have a property in Buffalo that I bought in August. My PM informed me that the sewer line from basement to street seems to be broken and is backing up in basement since yesterday. This could be due to he...

I'm just throwing this out there.  What city would you look to buy in today, or in the near future, if you...- were only interested in a buy and hold strategy,- were willing to sacrifice some cash flow (although it wo...

Hi Folks,I've been looking at communities surrounding my area (Portland and SW Washington) and considering investing there for a buy and hold strategy.  I am wondering, though, if I should be excluding any of them by ...

Class "A" Multi-Tenant Hi-Rise; 249,081 S.F.; built in 1987; 100% Leased as of January 2015; 5 tenants occupy 82% of the space; current NOI: $2.77M; 2015 NOI is estimated at $3,075,441; price $31,000,000; cap rate 9.9...

Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...

I visited with someone yesterday about a terrific property in terms of ROI.  The buyer lives in upstate NY and is looking for something in the Smokies.  But the buyer said "that home just doesn't appeal to me...it's t...

I keep seeing people posting on facebook and other outlets about wanting to find an "investor friendly agent" - what exactly are they looking for/what is an investor friendly agent? 

Hello all, I have partnered with another BP person in marketing for absentee owners throughout southern California. We have presumably used the successful techniques as suggested by the various gurus here in BP and el...

Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...