Hi BP!I am in the process of buying my first property and we have a 12 year old water heater. The inspector recommends replacing it, but the contractor says it should go on for a long time.My question is: how long doe...

Hello all. My name is Matt and I've wanted to get involved with real estate for about a decade. I have done handy man type work on lots of occasions and finally was able to purchase a rental a couple years ago (partne...

DW and I inherited a house in New York City a few years ago under a Trust to which we are both the executors on.  Since the house has no loans/lines we are considering using it as a stepping stone to start investing i...

I noticed there are lots of ads on CL Financial Svcs like this;

Motel in Idaho
looking for $250,000
secured by 1st deed of trust
Value of property $500k to $650k

add in 6-12 months interest reserve to the $250k,...

I spent the long Christmas weekend at the OB.  While there we looked at several properties.  It became very obvious that some owners were either unable or unwilling to spend on anything but basic type furniture and re...

Hi Folks,Am a relatively new BP member and have been reading quite abit.  Currently in contract to buy a duplex in sunnyside Houston tx for 138K (don't know if any of you have duplexes in that area - there are quite a...

While opening up the walls in the kitchen in our recent purchase -- a home built in the 40's with galvanized pipes -- I uncovered a leak in the wall behind the tub in the master bath. I already need plumbing work in t...

Hello Everyone! I have been a BP member for almost 2 weeks now. I have silently been reading the forums and trying to familiarize myself with the site. I currently live in Youngstown Ohio and I am interested in invest...

I recently came across an interesting situation and being a future landlord I was hoping someone would be able to shed light on the situation.Multifamily Property:There is a two unit duplex with each unit stacked on t...

Hey! I'm looking to purchase I multi use building that has value add. Seller wants 200k. He had a couple agents lol at it and guess is worth 150k. Seller said he may be open to seller finance. I'm thinking of giving h...