Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...

I've been reading this site and REI information for a long time, and have been wanting to break into real estate investing. I'm requesting some input on my plan.

First, I'm a military member, and will be receiving a ...

Sorry for the long story below.  I need to know if I have any options here other than to risk losing my 3% earnest money deposit and the most amazing house for my family.My wife and I made an offer on a bigger house a...

Hi everyone,I am a new young investor and I am looking into the best place to buy that would have great cash flow. I know many people are talking about Dallas and Houston,Texas as great places to invest in. Now my que...

Hi BPers,I'm starting to analyze multifamily properties and have developed a spreadsheet to help me quickly analyze deals. I would appreciate any feedback you have on the spreadsheet and areas where you think I have o...

How much can I expect to pay for general contractors?

Let's say that prior to making an offer to buy a rehab, I hire contractor A to do an initial walk-through with me and come up with a detailed improvement ...

Hello BP!Everyone knows a term "motivated seller" and a certain images may pop up in one's mind when that term is heard. But about buyers? It looks like there are plenty of those came around in the last few years and ...

I am looking for a house in Austin and every house I find that I like that is priced well ends up being a multiple offer situation. How do I handle such a situation? I usually offer about 5K over asking price. I...

There was a previous thread about " What happens when you want to sell your real estate business?"Most of the answers have already been given, so I'm starting a follow up thread with a different slant to some of the r...