So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...

Hello BP,
   Just finished reading David Greene's Long Distance Real Estate investing book, which got me motivated.  I am based out of Connecticut and looking for out of state, buy and hold properties.  I have looked...

Hi BPers!  This is a new one for me and I'd love some feedback.  I just moved and am trying to rent out my previous home which will give me my 2nd rental.  I have been vetting out a joint applicant couple.  I educated...

My theory is if a tenant pays on time and takes care of the house, leave the rent alone until they move on and then adjust it for a new tenant.Have heard so many times from friends where their landlord raises it and t...

Hey everyone! I'm a very new investor who will be closing on his first property on March 26. For the past 6 months I've been really working to get this deal done and can finally see the finish line. However, sometimes...

The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative.  It must at least break even a...

Hi all!So I've been talking with my wife about the benefits to real estate investing vs. other forms of investing (stocks, bonds, annuities, etc.). She leans very much towards those forms of investing because it is wh...

Hey ! Let' say you are currently paying a rent, you ready to buy your first property, you live and work in Los Angeles and you got $60K cash. What would you do ? (really, don't advice me... tell me what YOU would do i...