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...

I would like to address a concern I have about the herd-mentality of everyone and their uncle becoming "investors" and how this is likely to have very serious long term implications on housing that few have thought mu...

I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...

Warning: Lots of Questions!!

I'm in the process of sourcing my envelopes, paper, etc. for my direct mail campaign for Absentee Owners. My initial plan is to use a "handwritten" font for the marketing copy on the yell...

Hi BP. I’ve heard a lot of real estate investors, including Grant Cardone, say that buying a home is one of the worst financial decisions you can make. What is everyone’s thoughts in this matter?

I know that house ha...

Or have you? A woman I recently dated also has a rental portfolio and retired in her 30's. She met a lady in California who told her as you get older you won't want to deal with the hassle of tenants and rentals or PM...

Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...

I understand it is impossible to know how big or when a housing bubble will happen, but just curious to see other people's thoughts on subject. In the event of a bubble, what would your strategy be? Is it smart to try...

Account Closed I Live in Detroit. I proudly live in Detroit. But for the past couple of threads about my fine city I’ve stayed silent to see which direction it would go; but I’m back to answer any questions you may ha...

I wish there was a State or Federal license required to wholesale and pitch wholesale deals.  I see countless "deals" that are not deals, or even close to being a deal. Many of these wholesalers have no real estate ex...