So we have a REO Fannie Mae under contract for $45k and flipping for $54k. Buyer is under contract and we are doing a double close. Should close in less than 30 days! $9k profit - I find property and partner finds b...

I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...

Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...

I contacted one of my mentors after not talking for almost year while I built up some capital. Which a year ago he told me I needed to save more before I jumped into real estate. When I talked to him today he advised ...

My partner and I went out to lunch with one of our agents who sold us 2 buildings last year. He asked how much do we cash-flow on the buildings? We looked at each other and said we didn't know. You've gotta be kiddi...

This is a long overdue thanks to the BP community as a whole and the mentors and friends I have met through BP.

By way of background, my core investing strategy is buy and hold. I hav...

A MUST read for ALL real estate agents!!

My wife, @Sara Hodge, and I have been on BP for around 6 months now.  We own our primary residence in Orange County, California, but due to the high prices, we decided to invest out of state.  We now own two rentals (...

My wife and I are planning on relocating to East Tennessee to live and invest. We don't know much about the region other than what our research churns up (numbers, market forecasts, Google Earth views) and we really n...

Hey guys and gals!I’m driving for $$ now using the Deal Machine app and there is a property that the app states has an absentee owner, but I spoke with the woman who is currently renting at this property and she said ...