We just went under contract on our first investment property which we plan to flip.  Its a large house in a nice neighborhood in need of some TLC.  We're using an interest only loan with 25% down.  In current market c...

Hi there,My wife and I recently bought a house in the King of Prussia area in Pennsylvania. I'm not familiar with bathroom remodel estimates and am trying to get a better sense of how much we should be anticipating sp...

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 transition...

Here in Washington State, I go to a Title Company after signing a contract with a seller and the title company researches the chain of title and issues title insurance, and then the Title Company will actually close t...

This process applies to eviction in Cook County IL. Other jurisdiction might have different process.
This thread is to encourage landlords to file for eviction and put their deadbeat tenants name in the system so th...

I have a number of single family homes.  I have sold a few and 1031'd the money into DSTs.  I don't love those for a variety of reasons.  I have learned recently that one can 1031 into many syndications.  This is appe...

I just attended a 1 1/2 hour spiel at the local library from this loan modification company called Home Loan Preservation(HLP). Having just heard Obama's "plan" I was curious to hear what they had to say. Anyone kno...

I must admit that I struggle with bookkeeping . I always say that I'll do better on the next project or next year. This drives my husband nuts. One of my 2015 goals is to improve in this area. My strategy is to tackle...

I am putting together my first direct mail campaign as I begin my journey into the real estate industry as a buy and hold investor in the Tampa and St. Pete area. I am going to hand write the yellow letters but most i...

Im sure, like me, you have quotes posted around your work area or in your notepad. What are they? I have several:

"Someday is Today"
"You are your own limitations, you are your own success"
"Whether you think you c...