Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...

Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...

I was just listening to Elizabeth Colegrove on podcast 103.  She is obviously a very bright investor who is currently doing what I call the W.E.B. Griffin RE investing strategy.  Basically, buying a house at every dut...

Hi everyone! My husband and I would like to buy our first investment property (buy and hold) this year but would like to know about other markets than the one we are currently in!

We live in Los Angeles, and price...

The other day I grabbed $40,000 tax free from refinancing a duplex that originally started as an ugly duckling. As I was walking out of the closing on my way to the bank, I couldn't help but wonder how a flipper would...

I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...

Hi BP, need some help here about a tenant im evicting .. short story she lies about paying rent and constantly late. There is always a major catastrophe in her life. Anyway got a lawyer involved and the decision was s...

Hello BP,I started my real estate investment career a little over a year ago. I bought my first three properties within two months of each other. Two of these were turn key rentals and the other was a rental rehab tha...

It would be great if your guys could answer the following questions
- Were you able to quit your day job and live off cash generated from RE?
- If so, what age did you start investing, and how long after investing did...