We are under contract for a quadplex which we were purchasing with a conventional loan. The quadplex is one building, with 2 units on each side and each side has its own address. This was legally built in the '80s, bu...

Holy Smokes!!!! I was about to give a cashiers check of $1,000 as a deposit with an offer to  buy a Freddie Mac foreclosure at 49% of ARV. This house is in a great neighborhood with good comps from an agent. I thought...

What do I do when my buyer wants to see the property I have under contract and the seller wants to be present also? How do I keep the sellers price and my price from coming up?

I've read many pros and cons of turnkey esp for out of state or country. In summary, the pros is for maximizing the "passive" portion of rei vs the cons of paying more to do it all yourself (cash or diff to access fin...

Usually I'm kind of "Mr. Know-It-All, but it's been 15 years since I bought an REO and I'm pretty sure the ground rules have changed a bit.

I'm looking at a couple of SFHs in my area, $150K range, ARVs in the low $20...

Hello all, I’m about to get my first investment property deal under contract. I have read negotiation books, listened to podcasts, and I’m finally attempting to put these negotiation strategies into action. While nego...

Hello,
I recently purchased and read @jscott's book on estimating rehab costs.  It was very informative and helpful, but as the book mentions, labor costs vary widely across the country so there is no way that every ...

I'm currently looking at SFR properties in my area to be used as a rental and came across a foreclosure that caught my eye:

Asking price: 66000
Average rents in the area for similar homes: 650
Repairs needed: ~8000
...

So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...

Hi BP! My wife and I just reached mutual acceptance on an off market triplex in Tacoma, WA. I would love to hear some community feedback/constructive criticisms you may have. We are purchasing this property with the i...