The new year is upon us and some JV partners and I are going to start to offer to pay off seller 2nds carried at a discount to what is currently owed. One projects has a small balloon note due in two years and we are...

We held our second open house yesterday. Now I have a delima to solve.
I HAVE TWO OFFERS!!!!! Both require about the same in seller's assistance.
Both are good with one being a full price offer and 3% assistance. The ...

As a general rule I strive to be a landlord who handles his responsibilities under the lease in a professional and prompt manner. Similarly the tenant has their responsibilities and I just want them handled professio...

Merry Xmas (Happy Hannukah, etc.) to all

Is it necessary to grout the base of the toilet where it meets the floor, or would it be better to use caulk (or nothing)? Someone told me grout is necessary to stabilize the ...

Morning.I have been reviewing the forums, listening to podcasts and just bought and read two of the recommended books, so I am not asking this question without doing some digging beforehand.    We own a 3bd/3ba home i...

Hi,I'm guessing the best way to get the cost of renovations in apartments is to get quotes from several contractors.  But of course, you will need access to the property, or be in due diligence, etc, etc.  But what if...

Hey BP Folks,So I am in the process of acquiring my first rental property, and was hoping to get some input on the below questions.  I will be using an FHA loan to purchase a 3 unit property, where I will be living in...

Newsday has put together a report on the "Zombie House" epidemic found here on Long Island. It is a pretty interesting read.http://data.newsday.com/projects/long-island/zombie-houses/ It seems to me, the biggest issue...

Anyone here doing fix and flips in South Carolina?  I am curious as to how others are coming by acquiring properties.  I have only bought from the MIE auctions so far but am wondering if others have had success with d...

Greetings! I've been lurking and reading off and on for a few years now and just decided to get active. This is a great community of some very knowledgable people. I hope to meet a lot of you and hopefully even make s...