my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...

Dear BP friends --I am thinking of buying a property for cash.  However, I am concerned about using up all of my non-retirment money on a property deal.  It's just scary.  We obviously need to have an emergency fund f...

For those of you who don't know me, I have been investing in real estate since 1999 and I have acquired about 3,000 apartment units (and houses) and I still own 1,000 apartment units today.I also own 45 houses and sev...

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...

Intro…Keeping with the spirit of @J Scott 's  “Diary of a New Construction Project” where we jumped into a HUGE project that we never really had done before, “Tear a house down and build a new one back”. This adventu...

The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...

I am beside myself trying to figure out what documents do I need to have for a rent to own agreement. I talked to a lawyer but he didn't seem to want to talk about what I needed. The first thing he said was "I don't t...

Much ink has been spilled on the subject of Turnkey Companies. However, I do not think we have managed to identify  top 5 Turnkey Companies in America.  I know there are hundreds of companies - perhaps a good place to...

As a newbie with limited capital from which to begin investing, and a Dave Ramsey fan, I'm struggling with how to justify REI knowing he teaches to do everything with cash, including REI. In fact, it would seem that a...

First, I'm a newbie and lately I've been stalled due to the ongoing conversation/discussion on whether or not wholesaling is legal.  There have been a plethora of opinions and heated discussions surrounding this topic...