Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...

I have a few predictions about the economy, and am looking for the strategies of those who have a similar views. I'm not looking to discuss differing views, just if you agree with this view.First, I believe the econom...

In most markets short term rental supply is high. And a big issue is that a good amount of the supply is from new 'investors' chasing what they thought was a get-rich-quick scheme. So the market not only has an unbala...

This is in Missouri.  One of my tenants stopped paying rent in October.  He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit.  His lease run...

Low interest rates, favourable exchange turn U.S. into hotspot
EVEN FOR INVESTORS IN CENTRAL CANADA, WHERE THE METROPOLISES OFFER DIMINISHING RETURN ON INVESTMENTS, THE UNITED STATES OFFERS DENSELY-POPULATED MARKETS ...

My tenants haven't paid their rent since July.  I know, I'm too soft-hearted for this business, but I'm becoming less so, trust me.  After they broke their 5th (6th?) promise on Friday, I served them with a 3 day noti...

I just finished reading one of the most incredible and shocking articles for the real estate investing industry. It is about a "professional tenant" (read: dirtbag) who may just be the worst there is.

If you are a c...

So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.

I have never ta...

Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...

Just wondering what people think about this. I mean, technically, a wholesaler is not buying houses, they are making a contract and selling that contract. What do you think?