I am very excited because my first investment property is set to close today! It is a cash purchase, total price of $29,850 (market value/comps 45K, my more conservative estimate is closer to 38-40K) for a 2/1 recentl...

The holy grail investing strategy is when one can perfectly time the market. Numerous investors have collectively made millions, scratch that, billions by getting in at the bottom of a market cycle and exiting at the ...

Looking for some advice and fresh ideas to make this a deal:

3/2 1500 sq ft home. No comps available (stale market)
Owner is willing to do seller financing.

Owner owes 44k on mortgage. Value is roughly 120-150k.
W...

Hey BP community, My name is Eric Geers, and I live in Irvine, CA. I'm currently a land planner at Bassenian Lagoni Architects in Newport Beach specializing in designing residential communities. A friend of mine, who ...

Was watering some new trees we had transplanted into the dark about 8PM.  Sitting there got a call from someone in either Virginia or Tennessee.  Will you sell your location at xxxxxx?  Thanks for calling but not inte...

I've been seeing a lot of folks around BP that seem to be here with the express purpose of quitting their jobs to invest in real estate. The problem that I see, however, is that many of them seem to think that they ca...

Hey BPers!So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age. For instance, the seller has already agreed to credit the cost of rewiring the ho...

I purchased my first properties off market not too long ago and pretty much made up my own way to evaluate them.  Probably not the best decision as a newbie, but I think I did OK.  I made a spreadsheet that subtracts ...

Because asset protection is a high priority for me I've kept everything I've done until now in an llc. However I've been thinking about financing, and the very cheap and long term fannie/freddie loans are enticing. To...

The holidays are around the corner and before we know it, it will be 2011. What are your goals for 2011? Did you accomplish your 2010 goals?