Hey BP Members!I currently have a property under contract and just had the inspection done last week. There are a couple major issues, one being that we need a complete re-pipe of the units. I initially wanted to go i...

Hello all, I am new to RI and I am well into the 7 Steps of Getting into RI. I have increased my knowledge base exponentially since I've begun. I have learned many different strategies and I am trying to nail down ...

I am wondering how many mortgages a person is allowed. When it boils down in real estate, I know leverage is key especially with rental properties. But I have heard that banks will only lend a certain number of mortga...

Hi Everyone,

I purchased my first rental property, all cash, at an auction in April. 3 bedroom, 2 bath, 1738 sq ft. After closing, my total purchase price was around 8,600. The property has a Section 8 tenant, rent...

Hi all!Just a quick question today! I'm planning on buying my first rental property in the next 6 months (see my previous posts for more info on this), and in the meantime I'm looking for ways to boost my credit. I cu...

Short-sale approval obtained a while back... it's Friday, closing is Monday.Purchaser had something come up and now wants to buy a different property and have his "friend" slip in and close on the deal. Assuming the r...

Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...

Hello,Upon hearing the latest podcast about the guest using his strategy to rent out rooms of the houses he owns in Seattle, wa area and how he can rent up to 8 rooms with leases it sparked interest for me here I. Sa...

I have recently been getting a lot of calls from people that have an upcoming foreclosure date, and are in the middle of filing bankruptcy. They say they would do a short sale if it would benefit them. The points I ma...

Getting into the whole game of real estate. Right now, I have about 10 months before I come home from Iraq and I plan to start investing in Real Estate. Going to try and learn as much as possible in the next year.

Th...