I was recently searching for an investment property.  I came across a very nice 3 family that was updated.  The owner had listed with an agent and had no real offers for over 2 months. They had lowered the price by $4...

Greetings BP'ers...As part of a 1031 exchange, I have purchased a handful of short term rental properties in the last few mos.  I have about 1 week left on my initial 45 day period to put properties under contract to ...

I would like to keep this short and sweet. I need some advice. I have recently purchased a two family home which i occupy, as well as inherited tenants whose lease is not over till June. couple things we found out the...

Hello, all. I've worked as a court reporter for the past seven years, but being that I live in what I call "Podunkville," small-town living, there is not enough court reporting work available in my neck of the woods ...

Hey guys, The banks are telling me that they can not loan to me for a personal home because of my Debt to Income is to high for their underwriting. I have been working to build my rental portfolio for the last few yea...

How are you guys able to make deals cash flow with new rates (assuming traditional bank financing)?For example, a retaltively cheap house in the Houston market is listed at $250K. Assuming 6.73% rate, 20% down, 30 yea...

I’m writing this post for all the newbies (especially military) out there who have yet to complete their first deal so they can hopefully see that getting a decent deal on their first purchase is actually achievable. ...

I keep getting asked why I've come to dislike small multi-families (2-4 units) in my area, and I wanted to make a list to see if maybe I'm missing something. I’m not saying small multi’s don’t make sense in othe...

This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...

Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...