Alright, I've been lurking for a while, read a bunch of books, listen to dozens of BP podcasts, and killed hundreds of hours "researching" my market online.  At this point, I really don't think there's anything more I...

NEVER remove for rent signs or cancel internet rental ads, until lease is signed, cash paid, and new tenants are in process of moving in!I had an applicant whose application showed NO debt, NO loans, etc.The screening...

I am having a real frustrating time dealing with the banks who's servicing my loans on two of my properties as it pertains to insurances.Property AThe bank insists of paying insurance (regular, windstorm and flood) th...

Hi everyone, my name is Tony Cai, I am from Memphis, TN. I am just starting out in real estate investing. Anyways, I found a REO property in my neighborhood and put an offer in yesterday(6/18/15). I have seen the prop...

Fellow BP members,In our first year as investors, we have purchased 5 small rental properties (turnkey), and officially became a LLC (husband and wife).Since opening our bank account in the name of the LLC, we have ru...

Hi, I looked at many different banks for the managing of our rentals. Is it worth it to have different accounts for each building? Northone offers the option to create unlimited sub-accounts for free with the 10$/mont...

I have a seller insisting that the only way he will sell is with a physical bag of cash ($40k or more) under the table so that he does not have to report that income (in Florida). He wants to seller finance a lesser a...

Question for the group:  What will be your strategy in this case, if it exist?  Property for sale for $150K (single-family), but the property is pretty distressed.   The comps are roughly $160k-$175k for an updated pr...

Hi BP team,How should a property owner's level of equity inform the structure of seller-financed offers?I love the idea of making multiple offers on a property where total offer amounts differ based on financing struc...

Got an offer from a seller to buy her home in foreclosure. Seller mentioned on the phone that she wants 300K for the property. ARV looks to be around 725 k with 150k in repairs. We offer 300k but seller says she needs...