Hi BP, I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occas...

WSJ column-The Great California Exodus

http://online.wsj.com/article/SB10001424052702304444604577340531861056966.html?mod=WSJ_hp_mostpop_read

"Nearly four million more people have left the Golden State in the last t...

Just wondering what everyone drives.....as you can see by my screename, I'm a car person. Just wondering what some of you guys drive......

Here's my car (same as my avatar)

Also have a lifted Dodge Dakota.....(Home...

BP Family! Bring it in :-)I've been consistently analyzing deals in LA on a daily basis and had to keep writing "Damn" on the bottom of  my pages of paper after analyzing that the property will not cash flow. Well, I ...

NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.

The rest of...

I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...

Hello all!
How is everyone doing? Are you insulated for a big drop or are you over leveraged?? with money being this cheap STILL are you all seeking to borrow or hold off?? just curious.
I have just gotten a refinan...

For the last few years Stockton CA buy-and-hold rental property used to be a virtual no-brainer. Now the market for conforming multi-family property is at a turning point, breaking through the floor dictated by the 1%...

What is your definition of a "REAL ESTATE INVESTOR"? I'd like to see how youBP members define yourselves. Who do you think you are? It may sound profound or egotistical it will make a differnce in your outlook as to w...

any one have personal experiences with warzone properties? Im certain 95% of all investors will pass on this "deal"... But also know that shortly someone in the 5% will be coming to buy. Fire damaged house in warzone,...