Found a REO that's been listed for 150 days. Needs a lot of renovations. It's a 4b/2b, 1,497sf, built in 1973, has a 2 car garage. List price is $275k. Found 3 very similar comps. First one sold for $319k on Sep 5, 3b...

We have installed a new window in our tenant's apartment. Tenant sent us the following email "We would like to address an incident resulting from the window installation. We noticed today that some of our property was...

Howdy guys and gals! I have a question.... Every single REIA meet up that I have attended has been some guru, pyramid scheme and/or waste of time where I am just being sold some stupid program, course, boot camp or me...

Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...

I have a friend who had a JV agreement with another wholesaler today but the JV was written up for the sale of a 2 for 1 deal which was written as 2 separate houses for 1 price. The total price was 250k (for BOTH prop...

I'm just starting to set my goals and plans into real estate. My wife is all in favor with me. But I would like to involve her too, but she is not interested at all. She is a part time student, part time job, and part...

Does anyone have experience in Detroit in the last year or so? how is the city doing? I see a lot of properties for sale...Would love some insight! 

I am a buy and hold investor in upper class neighborhoods in the centrally valley area of California (lemoore, hanford, Fresno and Visalia). The perfect house came up 3 car garages, 4 bedrooms, 2100 square feet, ne...

Can you simply make an offer to the bank on an REO as a Wholesaler that is planning to flip the contract? If you do, what contracts are used with the bank? Do they sign my Purchase and Sale agreement with all of my "o...

Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it.  Doing some reading and it suggests creating a promissory note set up properly so I c...