Hello - This is my first post here and I am just gearing up to start my life in the world of Real Estate, so please bear with me.

I am getting married next year and will be looking into an FHA loan for my first hou...

This afternoon, I'll be heading to a closing on the sale of the first rental property I bought almost 5 years ago, in November 2014.
Here is a post where I was trying to figure out whether or not to buy the property,...

Members who have extremely high negative influences should be banned. If you have that high of negative influences that shows us you have no respect for the rules which in turn shoots your credibility down the tubes. ...

I just bought a property from auction.com. I am set to close in a month.  I have not seen the inside but even if its a meth lab I got a great deal.  However, it is currently occupied.  Does anyone have any ideas on ho...

I saw an article on Phoenix TV yesterday that explains the current market for discounted properties. I know the local Phoenix BP members have been working much harder to find "good " deals and much smaller margins.

2...

Hello everyone,

I would greatly appreciate any feedback. I used the excel spreadsheet template from another thread in this deals section. I'm looking at making an offer on a 4-plex in Great Falls, Montana w...

I have a feeling the guy is just trying to low ball me into making no money off of this deal, or he may be telling the truth.

This is a wholesale deal
ARV = 34,500 (at least it's what I see in recent comps excluding ...

I recently closed on a 14 unit MF property in Central NC. I was able to get it at a fairly low basis and it appraised well above the contract price.I have spoken to brokers that have told me if they being me an offer ...

I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense. 
Example: 
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...

Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...