I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...

Obviously this will vary a lot. Can someone just give me a sample number of asking price and final sales price of an REO?

So the great news is that the real estate market in Idaho for single family is on fire and shows no signs of stopping.  In fact it appears that the hotter it gets,the more it attracts people from out of the area.  And...

There are always stories about people who were burned buying before the financial crisis a decade ago. Can we get some inspirational deal rundowns from people who have held from 2008-2010 purchases? What was the deal?...

We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...

Hello BP,The problem is this: We refinanced in our home in late November and since then we have found a 4 plex to purchase. We were planning on moving out of our home and into the 4 plex to house hack for a year, whil...

I'm a newbie to this site, and I need some advice here:) I've been looking for under 200k properties to flip in Southern California, so far i submitted 11 offers (all cash, 7 days close) for the past 2 weeks, most of...

I own a SFR in Union city, CA. Its market value is 1.1Million. I have a 30 year fixed mortgage at 3.375% on it. Outstanding balance is 470k. I have been renting it out in the range of 3500 to 3900 per month for past 5...

So today I was driving for dollars and someone called me who I had marketed to. After talking about their property I found out he wanted to give me the property for free.
The property is distressed, its burnt out on ...

Hi BP community. I’m hoping I can describe for you my situation and see if you agree with what I’m considering doing. Any feedback and advice is welcome.
I have been buying rental properties for about 15 years here i...