To preface, i wholeheartedly believe in having cash reserves for surprises.  I'm just looking for opinions.  That said... I'm sure there is some debate around this (like everything else), but i recently met with a loc...

I live in Prosper and there is a lot of new construction/newer homes north of 380.  However, I generally will spend $275-310k ($140/sqft) and it looks like be able to rent out at about $1/sqft.  Is this a bad decision...

I am in the process of closing on a turnkey property and now I am having trouble obtaining homeowner insurance.  I am receiving pushback from the mortgage company and they are requesting that my name is the only name ...

Anyone have past experiences with hubzu? How long does it take to close? Have you've ever gone into the property even though it states on the website not too? The one I'm currently looking at is vacant.

I'm under contract on a multifamily in South City and currently looking at insurance options.  The first few quotes I got were a lot higher than I expected.  With most of the buildings in that area being 100 years old...

Is this real?  I was on the phone with one of the major auto insurers today.  The rep was telling me that he had a woman from Brooklyn who let her daughter drive her car.  Daughter caused an accident and the insurer c...

After 2 years of "getting ready", my wife and I have finally made an offer on our first deal! I recently attended a BP Meetup Group where a group of ~20 great people analyzed the deal, and many of the seasoned pros fe...

I'm a fresh landlord and every time I come across home warranty promotion I wonder if it's better to spend that ~$50 for a peace of mind and also I can take that out of my capex/maintenance budget? since my expenses w...

I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...

Hello BP,During one of my direct mail campaigns( I am a wholesaler) I came across a property that I need some serious advice on. Normally I'm ok ( def not an expert) on determining repair costs and ARV but this one ha...