My goal is to purchase a duplex (or possibly tri/fourplex) with an FHA loan as my first home and live in one of the units here in Fayetteville Arkansas. After that is said and done I want to plan how I purchase the ne...

Here is a lesson to keep on the lookout for leads no matter where they come from.I was giving away some things on Freecycle.  (If anyone does not know what that it, it's a bulletin board to give away things to "recycl...

Hey all,Was just curious if vacation rentals are generally recommended and a good idea for a newbie investor. I've just started listening to the BP podcasts and reading the beginners guide, so I have a ton to learn st...

Hi, This is Edward Yao from Hartford area in Connecticut. I am an actuary currently working in an institutional investment management company. Although I have been working in financial services industry many years, I ...

Curious if anybody knows typical cap rate ranges for NNN leases in the Houston area, for say a corporate tenant like a Walgreens or CVS. A friend of mine is curious on a deal he saw. Thanks.

Hi, I have the opportunity to purchase a cabin in Lake Lure, NC. Nothing fancy, just a small cabin with may need some repairs. The cabin belongs to an acquaintance who doesn't want it anymore and is giving me the opti...

Hey BP, my name is Nathan Olds and I've been a member of BP for about one year now, but this is my first post.  I'll be honest, I felt completely inadequate when I first joined and wanted to try to learn as much as po...

Hi,My offer on this short sale property got accepted by the bank 3 days ago. Got the inspection and house is in good condition in general. I'm under 10 day- due diligence period. I met 2 contractors so far and they're...

Hi Everyone,

I purchased my first rental property, all cash, at an auction in April. 3 bedroom, 2 bath, 1738 sq ft. After closing, my total purchase price was around 8,600. The property has a Section 8 tenant, rent...

I am thinking about renting my duplex out per room.  The duplex is near Weber State (Utah) and I think I can get $350 - $400 per room.  So a total of 6 rooms as per zoning.  The cash flow sounds great but I am a littl...