My lawyer advised me against buying a property that is being wholesaled. She said if the person doesn’t own the property don’t buy it. What are people’s thoughts?
There is a SPECTACULAR, massive Gothic style church for sale at an amazing discount and:
* I can probably get it for $100,000 (cash);* It's in the city (semi inner-city) in Harrisburg PA with no parking except on-str...
How many of you have read a good portion of the health care bill?
I must admit, I coudn't sit and crack out 1000 or so pages of legal jargon at one sitting but, I did find a site with some bullet points, then I loc...
It's seem like a lot of people that I've talked to aren't really interested in purchasing rentals in rough neighborhoods. My question is why not?
I was just looking at property that was in good condition listed for ...
Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
Harvey damaged 203,000 homes in Houston - at least that's the number I read this morning. I'm sure it's going to go up. I read 90% of homes destroyed did not have flood insurance.Irma looks to be headed to Florida. Sh...
We own income properties in Southern CA. We have a condo that only cash flows about $300 per month. It has about 500k in equity. I'm trying to decide if we should sell it and move the money out of state to make a b...
Hi BP, Can you share with me what your mobile home cap rate is? The one i'm looking at is a space rent only and does not own any of the homes. There is also a 1,400 SQ ft stick built home on the property. What is...
Ok, just a off topic question but who would live in any of their rentals as it sits right now if needed too without a choice of which one it is? Why or why not?Reason I ask is curiousity and also my situation. When ...
We just received loan approval on our first investment property! We still have to sign and record the transaction, but we should be closed by the middle of next week. It is a duplex that we will live in half and rent ...