Just bought our first rental property. It's a single family house and the prevailing rent would be around 1,300 to 1,400.

I ask the tenant to submitt 3 months bank statments, 3 months pay stubs, employer information,...

I have a quick question for all the experienced landlords out there. I made a huge mistake when accepting a lease puyrchase on my rental. Two years ago we had our rental house for sale. We didn't intend on becoming la...

Is it a good idea to use an interest only mortgage to finance a first time investment property?What are the pros and cons of an interest only mortgage?

It's a single family house for rent here in NY state. Tenant just let me know they're braking their lease and are leaving in 30 days from now. In addition they don't want to pay for the last month rent and are forcing...

I have an opportunity to get in on a condo for $92,000 in Michigan (not Detroit). It is 1400 sq ft, 2 beds, 2 baths, 1 car attached garage.  The condo was built in 2003.  It needs new linoleum in the kitchen and bathr...

After asking 50+ investors in my area, one finally agreed to seller financingHere it is: 12 Unit Complex in a good size city (population 65,000+). I'm only interested in long term multi-family rentals.Owner said he wo...

Hi BP community,
Just curious if anyone has attended Than Merrill's Real Estate class and what they thought of it. It is advertised as a free 2hr class about flipping houses in the New Jersey area. Thanks for any inpu...

Here's a couple of questions I would like to ask. I think all will benefit from the topic. Real Estate has so many niche's that there is plenty of money to go around. I would like to know what niche market do you w...

My client found this house she really wants. It is Fannie Mae property owned. Since, their credits are shot. She wants to see if I can help her get the house. What are your suggestions. Advice given would be greatly a...

I found a house in a neighborhood where the houses average $100,000. and the list price for this property is 50,000. I would probably offer around 46,000 or 47,000. I would like to borrow 60,000. with a potential of ...