I recently purchased a 4 unit off market building for $231,000. It was originally listed on the MLS. The numbers in my eyes weren’t terrible so I requested a showing. The realtor wasn’t very helpful and the seller wou...

I am about to close on a single fam home in north Austin that I plan to rent. I have found a good property manager as I live out of state. In reviewing the agreement I see that the PM will charge the 8% which is reaso...

I apologize if this is a newbie question and for the provocative title :) In David’s book Long-Distance Real Estate Investing, he says its beneficial to find an agent who is also an investor in the area. I understand ...

Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market.  Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...

Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...

I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...

I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...

http://www.newsweek.com/content/newsweek/2010/08/12/how-to-understand-american-decline.html

Current Newsweek article lists The United States as # 11 in countries worldwide. Really cool website with different categori...

Appetizer (skip to the Meat and Potatoes, if you want to get to the point)I’m requesting specific knowledge on the red tagging process, permits, and inspectors to try to save what was supposed to be a new family busin...

Hi BP -
May or may not be in a debacle here so I wanted to consult the community. I am under contract via an assigned contract through a wholesaler. I just figured out the obscene margin that he is making (which does...