Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...

10 months ago I was driving up and down every road in this new town of Iron Mountain MI trying to get a feel for the quality of the neighborhoods and characteristics of the market. I still had a few weeks of college l...

I have a tenant who came by way of a temporary housing agency. Their son burned their house and the insurance company moved them into a hotel. The temp housing agency found my rental through Zillow and contacted me. I...

On July 15, we went under contract on our 6th rental property.  It's a townhouse and was listed for a day when our offer went in.  It's in the same complex where we have two other units - offering on this one was a no...

ATTENTION LANDLORDS!SBA Economic Injury Disaster Loans (EIDL) are eligible for Rental Property Owners.Standard SBA Loans are not available for passive income (except Hotels and Self Storage)... THESE ARE NOT NORMAL SB...

Here is the link: http://finance.yahoo.com/news/10-most-overvalued-undervalued-housing-131550950.htmlAlso from the article:The most overvalued market in the U.S. was Austin, Texas (overvalued by 19%), followed by Los ...

It’s time to schedule (another) meet up in the East Bay! I recently had the pleasure of meeting quite a few fellow BP investors in San Francisco, and had a great time enjoying some drinks and learning from everyo...

Sometimes people struggle with how to employ negotiating tactics that they read about in real world situations.  The BP community has probably collectively negotiated more real estate deals than any other group in the...

Full disclosure -- I knew things were probably coming to this. I've had to send overdue notices several times this year, and a notice to quit twice (this is the third). I tried to work with my tenant but they simply d...

Hello All,I thought this would be a good time to write a follow up post regarding the current state of rising lumber costs and the supply vs. demand issues the industry is experiencing. Below are a couple graphs that ...