My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...

King County, WA. 550K purchase price. Only comp available as well as brokers report shows one similar four unit selling for 50K less. Tenants seem decent but low end. Deal seems to cash flow less and less the more I l...

Are you serious?? I am a broker and I only work in Commercial and yet DAILY on these forums I am in AWE at the way some of you interact both on this site as well as out there in the big world!!! So, here is my rant.1)...

OK, so this is something I had no idea about but was just brought to my attention. I used to be a property manager for an apartment community, and I also was responsible for my leasing consultants getting paid their c...

My direct marketing has primarily attracted sellers with "mild" interest in selling or sellers curious about what I would pay for their property. The intention here is not to create a discussion about the qu...

How do you share information with your sellers when you are planning to assign a contract to another buyer? Do you disclose to your sellers that you are going to be selling the home immediately to another investor and...

Ok, I have 2 applicants right now for one of my properties.  Neither is ideal but I haven't straight up decided to deny either one yet.  Rent is $650/mo.  Here they are:1. 40-something year old mom and 18 year old son...

I am curious for those of you who regularly post on BP to hear a little about how you spend your time. Are you full time in another career during the day and real estate at night? Or are you full time in real estate a...

Today my daughter Ashlyn closed on her first property at 9-years-old.  Our attorney created a partnership agreement for our LLC with my daughter and I as partners (with me as managing partner - giving me the authority...

I experienced a very hostile environment for investors in western pa therefore I would advise everybody who thinks about investing there to think twice or even three times before making a decision on investing in this...