Midwestern markets are like football teams. Many people have an irrational attachment to them. Even if the population is declining, jobs are disappearing, and the city is mismanaged, they still advocate for them. So, ...

Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...

Hello all, I have started an investment company that specializes in flipping houses and I have a group of investors that are fronting the capital for the projects. I am doing a split with them based on the % they have...

As you may have heard, today Fed annouced QE3 of 40B per month (i.e. printing press) with no end in sight. Precious metals soared instantly along with the stock market. I wonder what it means to the real estate market...

Hello BP,Dear Grandma is looking to downsize.  Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family.  The  main unit is a 3 bed...

I am just starting out.

I have done research all during 2013 on how this process works. I have visited many single family homes in my area listed on the MLS with the intention of buying them on the spot if I ...

I have talked to a realtor agent and she has sent me some investment properties to look at. I have not negotiated on price yet but most of them are short sales. I am wondering what I should do to prepare (other tha...

Hey all, My brother and I own and operate a small property management and construction company in Portland, Oregon.  We've been in business about 5 years.  We are also a licensed plumbing company and a licensed contra...

We're learning the importance of reserve funds right now and in the coming months. In terms of months (I don't need to know your exact dollar amount) how much do you have in reserves?I'm talking every expense for your...