I recently received an application from a potential tenant, who wants the following:(1) Rent for three years (maximum allowed by my state) and pay the first year up front(2) The first right of refusal to purchase the ...

Hi BP,I met a wholesaler a few weeks back and have given my contact to her. The deals she have been sending is pretty good. However, I am new to this wholesaling business. I was wondering if I buy from a wholesaler th...

I'm thinking of bird dogging in Texas to start out in my real estate investing. And hopefully save enough money to start buying rentals.  I've been trying to find out if I can bird dog in Texas without a license. I co...

Hello BP, 
The wife and I are buying a lovely triplex to house hack. The appraisal came back $50k less than the purchase price. We want the house but don't want to overpay for the property. Our options are 1. Walk aw...

Hi All,  This is a complex (for us) opportunity that I'm going to lay this out as concise as possible.  I'm sure this is a cake walk for most but would be our first property and is larger (# of appts) and includes a r...

Ball park numbers: how much does it cost to fully replace a water heater with labor? Just want to see if my quotes are not too high (i know it varies by places).

Sunday evening while finally sitting down to relax and watch a little football, I get a frantic text from one of my tenants, "Call me now please." So, before I could call her, another text comes in, "I really need...

What are some of the best upgrades to make on a rental property in order to increase rent? Our unit is in the worst shape of all 4 and therefore is rented for the least in the complex. This is our first rental and it...

Currently I do not have any IRA / 401k, and I have been looking at starting and depositing into one before tax day deadline for 2011.
I have previously just bought stocks and/or mutual funds

However, the more I think...

Economic Update
(Monday, July 27, 2020)

This week is a good week for real estate investors (particularly if you have a house for sale). Existing houses sales are up, new home sales are up, inventories are down...