I recently made a full offer on a short sale. After the contract was submitted, my agent told me that he was informed by the listing agent that the owner recently sold an "option to buy" on this property to another in...

My parents have a tenant that had a lease expire on the last day of the month in August. A few weeks back the tenant expressed interest in a month to month lease, as he was looking to possibly buy a house. During th...

I recently purchased my first rental property with no money down.  I did so by necessity as I am cash broke!  However, I do put a substantial amount of money into my 401K account every pay check.  I have always been r...

Greetings all and Happiest New Year!In 2022, I pulled out a $95k HELOC (Adjustable Rate) as Down-payment to buy a duplex for rental income. However, since the fed keeps raising rates, the payment has gone from $325 to...

Hi All,I closed on a property last week and the loan I got was 7/1ARM at 4.125%. The purchase price is 1.5M and loan amount is 1.2M. I had to agree for the higher rate under stressful situation as I was running out of...

My husband and I purchased a vacation rental property four hours from where we live in January.  It was gutted when we got it.  Working with a contractor who rented it during the renovation, we got it remodeled, furni...

I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...

Howdy BP folks, I am firstimer, please bear my lengthy writeup.Need some inputs for deciding to build ADU unit in side yard of my house. Situation: Have a day job along with a kid. Cannot spend full time on the projec...