Got a foreclosed REO off the MLS under contract. The selling bank then told me the title was not clear and they have to start Quiet Title Action. They said it will take 3-6 months. I am fine with waiting, but there is...

Hello BP! Recently I have been looking into the new Freddie Mac CHOICERenovation Loan. Its a newer loan that looks right up my alley for my future investment. Has anyone ever tried this? What are the differences betwe...

My current tenants have moved out as they just bought a home but the lease doesn't expire until April 15th. I haven't done the final inspection yet but have been through the house and noticed a couple of things. I...

On the  tenants last day she was cleaning out her stuff and I saw some obvious damage to the hard wood floors. I called my favorite flooring guy and he ended up renting the place! Zero vacancy days and now I have a te...

I have a tenant who is moving out soon, and she has requested to do a final move out inspection with my realtor after the place is empty.  I plan to tell the tenant (by email) the date and time it is scheduled, and sh...

After 2 years of "getting ready", my wife and I have finally made an offer on our first deal! I recently attended a BP Meetup Group where a group of ~20 great people analyzed the deal, and many of the seasoned pros fe...

I'll admit, I'm totally confused about easy permits and the required inspections.
It was our understanding, per 2 different professionals (an architect & licensed GC), that we do NOT need rough inspections when d...

Hello,I am trying to buy my 1st rental property. The numbers look good with a positive cash flow expected. However, it is a 1200 sq feet home, which was converted from 2 bed to 3 bedrooms without a permit. I am not su...

I have a unit where a tenant just left. Property management is helping me get it ready for the next tenant. It’s already been a week and I still have not received reports from their inspector on what needs to be done ...

Hello, so I’m doing a live in BRRRR right now. I’m a little bit behind and might’ve jumped the gun on ordering an appraisal before I’m able to finish the house 100%. Things like carpets won’t be installed on time, tri...