Short Sales Plan closer to finalization

According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...

Hey guys,   Been looking around and trying to do some research on debt risk.   The only measurement I could find was debt to asset ratio.   I want to make sure as I take on buy and holds that I am not putting my famil...

How do I figure out what a good wholesaling price would be?

I'm in Missoula, Montana and I'm working with someone who did wholesaling for a year and charged $5,000. She's recommending that I do $3,000 in toda...

I have been using the term “24 month flip” for so long now, I believe I have coined the phrase. In fact, for the purposes of this post I’m more than happy to take ownership of it, because this is an investment strate...

I'm an engineer.  I own 5 rentals but have only been in business about 2 years.  I've had 7 tenants, 4 great, two mediocre, one lousy.  But there seems to be no trend as to what stats I could've looked for to determin...

Hi BP,    Can you share with me what your mobile home cap rate is?  The one i'm looking at is a space rent only and does not own any of the homes.  There is also a 1,400 SQ ft stick built home on the property. What is...

A single family house we manage is under contract to be sold, and during the due diligence phase the inspector left the water running in the kitchen and the bathroom for a full two hours. Water in Portland is billed o...

I don't like the idea of accepting tenants with lots of outstanding judgments.  My rationale is that if they already owe someone else money, I probably won't get paid if I end up evicting them and holding a judgment a...

I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...

Hi everyone - hopefully a local attorney is reading this, if so please message me as I'd love to hop on a call or meet for coffee to discuss (I'm also looking to find a great attorney to add to my team!).I've been try...