Hoping to get some thoughts from the investor community.  I purchased a remote property with a cabin last year at auction in San Diego, California. It was very cheap but had some known issues.  My intention was, and s...

I have two questions but let me give you the details as to not confuse anyone. I went to go look at a property this week. SFH , 2/1 w a detached garage. 1940s . Fort worth texas area •No existing central HVaC system.•...

A lady called me with a doublewide she wants to sell once her house is done being built. I looked at the home and it is in excellent shape. However, I am not sure what I need to do to see about moving it. I looked und...

I purchased a 4-unit building gut rehab in Chicago, with a 203k loan.The contract had an “as is” addendum.My contractor applied for building permits with the City of Chicago building department.They were advised that ...

I'm having some troubles figuring out what's next. I feel like even if I found my dream deal, I wouldn't pull the trigger and buy. I'm hesitant, because I want to reach a nice nest egg of about 5-7K to pay for down-...

Hi, I got a call today on a house. The woman paid $79,000 for it in 2006. She knows she over paid and doesn't think she can sell it without being able to pay off her loan which would mean a short sale. She doesn't kno...

As a rental property owner I found there is something new to deduct which is not available from a owner occupied property..  which is depreciation of the rental property.My understanding is that you get that years ove...

We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...

Hello all, I wanted to inquire about 1920 properties. I am looking at some single family homes in the Toledo area. The package consist of 11 properties with an attractive 13% cap rate. All properties are recently reno...

Hello, BP! Over the past few months, many investors, bankers, and realtors have asked me about the process I underwent when a fire destroyed a duplex. Hopefully, this post will help you be less stressed and be able to...