The dilemma is, I have an opportunity to buy a foreclosure from a small Financial Company. Technically they have to hold an auction but they all but guarantee me no one else will show up (99% of the time they say). So...

This is my first rental property (townhome - 3 units) and I am drafting rental agreements. For those of you with experience, what would be your recommendation on structuring late fees?  Should I do one flat fee? Or ch...

My vote goes to Deutsche Bank. It was almost comical how badly they mishandled the last REO I bought- from beginning to end...

Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property. I find that the market rents in Cleveland are pretty decent and compared to the state that I live in currently all the 3 major...

Hey everyone, Just went under contract on my first rental that I will househack, a fourplex/4plex/quad in Chesapeake, VA, using a FHA 203kLoan. The house currently has tenants in each unit. My agent and I tried to get...

Hello everyone!My wife, myself and a friend of ours has been researching the real estate world for over a year now and we have been to the 3 day Than Merrill (Fortune Builders) and the Rich Dad 3 day schooling. Which ...

The tenants on one of my properties is now 8 days late on payment. Do I need to serve a notice to cease before I file eviction?  My contract states that eviction will be filed on the 14th day, the rent is 1400/m and t...

I have a tenant in a triplex that owes 1 month rent.  I told him I was going to start the eviction process two weeks ago and haven’t heard from him since.  (There have been ongoing problems with his rent payments). Th...

Should MLS leads be completely avoided for real estate investors if they are looking to get a good deal?

Greetings BP!

About a month ago I put in a bid for a condo that I will live in while I rent out the other three rooms to friends for the remainder of college. We knew it was coming on the market and put in the first...