Hello BP,My name is Mike and I am a new real estate investor in the Topeka, KS area.  I am currently working full-time as software developer.  I have been involved in the field for 21 years now and am looking for a ch...

Hi everyone! Here is my question: I have ~ 20k saved up ready to make my first deal. I live in the metro east area of St Louis and there are deals to be had at 100k, but I was wondering if it would pay off to save mor...

There are three 33% partners in an LLC and six equally distributed heirs (6).  We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal.  Two partners would remai...

Hello, I am an investor located in Austin, Texas and I am searching for assistance with marketing to people that are in bankruptcy or recently have been discharged from bankruptcy. I would like to send them postcards ...

I need some advice on a multiple rent house portfolio purchase. These houses are located in low income areas. They are older 2/1 and 3/1 units. Most of them will probably need renovations in the future. Four units are...

Hi All,Have been enduring a frustrating experience with a lender and I am wondering if I might have grounds to file a law suit against them.  I am looking to refinance a home I own and have engaged a new lender, prima...

I finally got around to watching 99 homes. A movie about a crooked REO agent and evictions in florida. The movie was entertaining but had some serious issues. 1. Foreclosures in Florida (where the movie takes place) t...

Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve? 

Hello everyone, I am a new investor and wanted to get opinions on the best way to build a relationship with a realtor and what terms realtors are use to working in.  Should I be expecting to pay fees or can I work wit...

In Rochester, the focus seems to be revitalization of downtown, UofR, and NOTA. But with all three of those focuses you also will hear the same names running the game. Is there any room for the "small-time", "newbie" ...