Hi BP,I'm starting to look for properties in West Los Angeles (Culver City/Mar Vista, etc), and I found an agent who seems decent, but she's asking for "Exclusivity" no matter what I buy.This is the first time I've wo...

I've owned a couple of rental properties before. I've been thinking about buying another, but a friend suggested I look into notes instead. I'm most interested in buying performing 1sts for cash flow, and I will be bu...

Hi there,
My elderly father owns a home in an affluent part of Northern California. He purchased it in 1982, so it has a low basis (and tons of deferred maintenance). He'd like to fully retire and sell it and then to...

Hi everyone,Our purchase offer was accepted for a new primary residence and we need to decide what to do with our current 4BR/3BA home. We did some remodeling and are sitting on at least $200k of gain if we sold today...

Hey BP! I'm looking at writing two offers for two adjacent multi-family properties, owned by one individual free and clear, listed with two separate agents from different firms. Should I proceed with purchasing them o...

My partner and I spent all of our saturday searching local REO properties in our area. All together we looked at 28 of them mostly semi-attached, single-family or 2 family homes. Now, we got out of the car, checked th...

@Julie Dib asked me on another thread:
"my father in law just sold a rental in Cali he’ll have about $300k in capital gains, if he were to 1031 exchange that money into a new rental property and plan to eventually li...

I have recently came across a possible deal that I am considering making a offer on. It is a HUD foreclosure. I would purchase it to remodel and then resale the home. What is the process when dealing with HUD? What ar...

I have heard that when HUD bids are placed that the buyer's agent can't see the other offers, but the listing agent can, and can see the exact amount that was bid.  I had thought HUD bids were anonymous, and only the ...

What kind of pricing flexibilty is everyone seeing on HUD homes in various parts of the country? Are they still going for list price or has anyone completed a transaction at substantial discount from asking price?