Most leases I've seen have a "grace period," rent is due on the first, but a late fee is not assessed until the 3rd or the 5th. We've had this in our leases and it has not served us well, and to be honest, we have inc...

If you read real estate investment books, articles on BP, listen to podcasts or just generally find yourself learning about real estate investment then you will notice a common thing that is almost invariably mentione...

I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...

Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...

I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...

Hey Everybody, I am in the process of landing my first multi family apartment deal (aiming for 16 units) in Florida. I have my investors who are ready to 1031 out of their existing single family rental property (worth...

Hi All,My name is Ryne Pope and I am new to the BP family. I've listen to numerous podcast and have a number of the books written by the BP staff. Just like many others I was bit by the Rich Dad Poor Dad bug at the be...

Has anyone experienced a lender treat you differently after reviewing your financials? I am working with this lender who was so friendly and helpful. I was fist trying to qualify for a conventional but since I can’t v...

I live in Los Angeles and I am trying to find my first deal to buy and hold . Should I look for deals in Los Angeles or out of state ?