Is it a conflict of interest if my PM company only provides quotes from their in house team? I am worried that I am paying too much for turnover/major repairs without collecting multiple quotes...

So my dad was very interested in getting into rental properties so I offered to help him out with his first deal. He purchased a bank foreclosure duplex that was not in liveable condition.  Since he made the purchase ...

Hi Everyone,I've been doing a bit of a research but I thought I would pose the question out to the BP community :).I am meeting with a Seller this weekend that has a multi-unit property that he is wanting to sell. I h...

Communism - short definition: a political, social, and economic system in which the state, governed by an elite party control production, labor, distribution, and largely, the social and cultural life and thought of ...

My wife and I just made our first offer on a bank-owned property.  We were dragging our feet after viewing the property twice (once with agent, second time with contractor and agent).  Got a message today that another...

I am ready to be rediculed at least a little because this is going to sound absurd, but I am okay with that, Here we go....I want to get into commercial real estate. I find it by far the most appealing and exiting. My...

Hi, BP.  We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area.  Would appreciate input on that.  That was new to us.   Than...

Austin Business Journal says a recent report lists Austin as the second riskiest market in the nation for a price downturn. My husband golfs with a guy who says his Austin investors are now buying Atlanta and Phoenix...

I have a new tenant who has been a bit of a pest so far. She texted me to tell me the tub is draining slowly and they have tried to plunge it but couldn't fix it and she would like a plumber to be called.

We have a ...

Real Estate Investor or Business Owner? Do You Know The Difference?

Most real estate investors don’t realize that they are and should be acting like real entrepreneurs and are not actually real estate inves...