Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...

Dear BP Community,

It all looked so good on paper, and then when the project started things did not go according to plan...

I'm dealing with a painful first flip that I still haven't sold yet but purchased in Octob...

As investors we are always looking for a good deal  as that is how we grow learn and hopefully prosper.I just logged off of the MLS  feeling disgusted with myself for feeling like well,  a predator.  Googling an owner...

Greetings BP!!!I have been silently exploring the podcasts and forums. I search for random questions and always find several solutions. I am in awe of the wealth of information that BP has to offer. I know I'm in the ...

What's the worst maintenance request story you have to share?

Hello everyone,We own a SFH rental that has been leased since March of this year. I handed keys over to property management at the end of last year and they got to work advertising, got a tenant in there, everything w...

So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...

After some in depth study over the past few weeks, including hours of BP produced audio, interaction with the community, reading 123flip.com, and Marty Boardman's book, I think I finally have an understanding of the b...

I hear a lot about newbies wanting to be mentored and I myself stumbled across an investor who is interested in mentoring me, but my question is why?  Besides the goodness of their hearts, why do investors (who must b...

ok. So. I sent out about 700 yellow letters this month. I feel like I need a better script. I say to people do you have a house to sell? I don't really like asking for names and addresses up front because people ...