Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...

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 have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...

First, a little about me. My wife and I have had a few really good years with our business so I took the profits and spent the last year building a small portfolio of 21 units in Columbus and Newark, OH. We have quite...

So ima newbie from Detroit and with the new chrysler plant under way for construction I'm think of land grabbing rental properties and flips in the detroit area but dont know where to start should I get super cheap pr...

Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...

I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...

I wanted to hear some feedback from those who have done or are doing lonnie deals and tell me if I'm on the right track. With all the action I have gotten on this thing I would have thought it would be sold already. ...

I read a post that said “Real Estate is 95% Mindset & 5% Real Estate” it’s seems to be true because some days I can work on finding a deal for about 4-5 hours and there’s other when I can’t even do it for 30 mins....

I was wondering if there is any investors who would be willing to share a horror story on a foreclosure they bought only to find they got more than they bargained for.To get the ball rolling he is one of mine.The stor...