I have a feeling this may be the first time something like this has been asked on BP. I am finally about to put a bid on my very first property and it’s a foreclosure. When people say ‘if it’s too good to be true it u...

I spend a lot of time here on BP and I happen to notice a lot of people who are new to investing who sign up and say things like the following " I am new to investing so I think I am going to just start wholesaling to...

This has been a goal of mine for a while.  On fathers day I took shipment of a 1999 Lamborghini Diablo.  It is more awesome that I thought it would be!The full story is here including what I paid for it.  http://inves...

I have a prospective tenant that does not meet the criteria of 2x monthly income and a credit score of 650+. He said times were hard and he was out of work but has money saved. He offered to pay a years worth of rent ...

I'm looking for my first tenants right now and had come to the conclusion that I wouldn't take ANYONE with an eviction, but I may break my own new rule.I've also decided that I want long term tenants and I'm not going...

Quick! Sell me your house before it’s too late! :)Are you optimistic or pessimistic about this upcoming recession?I’m optimistic about these next few years, I hope there is a massive price correction. I’m running arou...

Hello everyone,I feel like maybe I’m being a softy, however I wanted some input from the more experienced landlords out there on how they would/have handled this situation.So recently I closed and owner occupy on a 4-...

I know this has has been asked many times with various amounts....I am curious what Detroit investors would say.. I have a few directions that I am considering...But what would you successful, seasoned, experienced De...

Hey everyone, I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive i...

Snow balling vs 15 year notes on rental properties....?  Have any of you ran the numbers to see which is a better strategy on paying down the loans on your properties? We currently have 2 rental properties, one a 4 pl...