John Michael hosted a chat and this is the text from the chat that is posted.

I hope you enjoy and learn. These are just basics so to build a foundation.

johnmichael: Let me start off with a little introduction, I...

I have tenants who just signed a year lease as of March 1st.  Now they bought a house and are moving out after only 3 months.  I specifically state in my lease in bold that "if the lease is broken for any reason (this...

I've read on here a bit, but I would like to know what is a standard rate for a newbie getting a HML. From looking on the internet I see tons of advertisements saying 8-12%, 2 to 5 points, 6 months to 7 years. Bu...

Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house.  I have a decent understanding of flipping, wholesaling, lease option, sub2.  But looking f...

Hey y'all  my name is Zach. I'm brand new to real estate investing. My credit isn't the best and my capital is zero, aside from our life savings and emergency fund which is also low. I've tried almost a dozen differen...

Hello BP Nation,

My partner and I recently closed on a hard money loan to acquire additional properties, and are now working on the exit strategy. We have been purchasing properties since 8/13 and now own 23...

Hello everybody,
Our tenants all of a sudden decided that the house they rent from us and loved, is no good for them anymore, and after sharing with us that the floor (laminate) is still "bubbling" (after we fixed it...

So I've read Wendy Patton's book on L/O and gone through another gurus course as well. I've also done plenty of reading in these forums. I'm suspicious that a rosy picture is being painted here. Essentially what I rea...

Has ANYONE out there actually had a successful experience with tenants who have had an eviction previously?I pre-screen my tenants by saying "Total household income has to be 3x rent, no pets, smokers or evictions."Th...

At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.

That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...