Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...

In the process of purchasing my first turnkey property out of state.  Just got the home inspection report, and it sounds like a disaster.  Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...

Hi,I am considering several locations (over 10) to invest in my next rental property.  As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters.  Will this impact my cred...

A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...

Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...

Hi all,
I am a Realtor, new member here & am interested in getting into REO sales, and would appreciate and welcome any advise from those of you who have specialized in them....thanks a bunch!

Hello. I'm new to the Real Estate Investing world. I am 36, married with 2 kids, and have realized that I need more out of life than a boring 9-5 job that gives me no joy. It pays the bills but is far from exciting...

Hi everyone,

I discovered BP about 6 months and have been reading the site ever since. It’s a great community and I’m looking forward to learning a lot from all of the valuable resources that are here.

A little back...

Hi everyone,
I don't know if this is the correct forum for my question, but here it is. I made an offer on a house to reside in. the ofer was accepted. the closing date on the offer was for 2/13/09. since the offe...

Hello Experience Landlords,Happy New Year ...I have been struggle with this question for a while now, and I am struggle to find a reasonable solution. I am not looking for answer like you need a property manager. This...