Hey guys, I have a sad situation that I am going to be involved in soon. I am closing on an 11 unit building and two or three of the tenants have been living at their apartments for 15+ years and only paying $300/mont...

Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...

I am 21 year old college drop out from Baton Rouge, LA and I've been researching the methods of profiting from real estate, specifically wholesaling. Can someone explain to me the detailed steps of completing the proc...

First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself.  My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...

Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them.  Today is the day I can file for eviction.  Last night I get a text from the tenant saying I can come pick up the r...

Hello, I was wondering what the realities are if you find a property that an agent is working on and you think you can get a good deal on it by wholesaling. Does this bother most agents that you would try to wholesale...

Hello everyone,My story comes out of North Jersey where it seems that being a landlord is becoming more and more of a nerve-racking stroke-causing endeavor. My parents have owned and operated a 3 family house out of P...

I am meeting with an 82 yr old lady in a couple days to begin discussions of owner financing her five paid for duplexes. She's had them over 20 years. She's been managing them for the most part for the last 6 years. S...

Are any of you short sale investors aware of Senate Bill 94 which was placed into action October 12, 2009? If not, you need to read up on it right now. While it only affect us in CA, other states are soon to follow, a...

Well, I hear that flip itself doesn’t create profit and time and effort spent make the property sell at faire market value.

Meanwhile flip is not (or should not be) dependent on house value appreciation.

So when you...