Here is something I've noticed when working with contractors -- the little guys mostly never have a website, let alone advertising except for some quick little Craigslist ad, some don't have business cards, etc. And ...

Can someone, in layman's terms, describe the difference between a 'First position' note and 'Second position' note?

Hello BPers! Newbie here-- I'm mapping out my planned direct mail process right now. I know the market I want to target, I know where to get lead lists, I have an idea of what I'd say in my letters/postcards.My questi...

Hello,  want to do a cash out on my condo and looking to invest on multi unit . I am looking to pull out between $105000 to $125000. Do you think this is the right time or should I wait. I need advice Thanks

A tenant of ours was admitted to hospital for attempting suicide.  Fortunately, he is okay.  We salvaged all of his stuff and is waiting for doctors or his family to contact us.  Curious if anyone has dealt with this ...

Must appraisers physically inspect the building to be able to provide an official appraisal, or are they able to perform an appraisal off-site?  Any insight is helpful.

Hello Forum,I am currently working on a deal for a Colorado property that by most common sense would appear to be residential. It has 26 units (Apartments & Trailers) on the 1.68 acre lot. However, the MLS indicat...

Hi all, We purchased a property where the purchase documents indicated we were purchasing the washer and dryer with the building. After taking ownership, we come to find out that the long-term tenants (who are general...

The deal is 250k. Comps in the area are for sale at 470k. FOR SALE though, not sold. Other comps are at or around those numbers as well. The place needs around 80k in rehab. So 470k × .7 = 329k329k - 80k rehab = 249kI...

Would really appreciate some advice from the masses, please. I'm under contract for an old wood frame 2 story from the 1930s. Home inspection showed that the house has good bones, it's in a GREAT location, and it's mu...