I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction.  How is that possible?  Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...

I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...

Good morning, BP.  I have a question on a foreclosure that is scheduled for auction on the courthouse steps in November.  We are in a bit of unique position (I think) because the property in question is the house next...

From what I understand there are four ways to make money from a rental property:

1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...

Thinking of purchasing an old mobile home located in a mobile home park. The price was $2,800 and I should be able to get for $1,500 to $1,800. The park honestly is sketchy at best and seems to be worse as you ge...

Hey everyone. So I have just started wholesaling and have been trying out different methods to contact motivated sellers. Has anyone used Chris Voss’s strategies from Never Split the Difference to find and communicate...

Hello all! It's been awhile, I've been laying low. I applied for a property a couple months ago and I just got the tax certificate today. This is the very first tax lien property I've ever purchased. I was going to tr...

Why would a real estate investor want to buy the mortgage note on a home where the owner cannot make the mortgage payment? At first, the investor wanted to purchase the short sale home to repair and sell. Now, he me...

Hello all,

So I was talking to a realtor this morning and I asked him why there weren't more properties coming on the market as compared to last year. He mentioned that some banks are actually fixing up the propertie...

Hello,

I am newer to wholesaling and haven't completed any deals yet. I accidentally have come across a deal that *may* be worth pursuing, however I need your advice.

Property is listed at 159k, however the realt...