Hi all, New to BP community and have noticed not many posts mention architects (say in contrast to CPA, legal, contractors, lenders, etc). I am a licensed architect and an aspiring investor (Chicago) and am using my b...

I've been busting my hump trying to get my first deal. I put the earnest down on one but after inspections found it would cost an extra 40k so I pulled out. Now I've got a golden egg. Buying a great condition house fo...

New guy here looking to get into my first rental and a thought popped into my mind that I have no answer for.

The house I am looking at is $110,000. I am planning on using 20k to update the house. When I get a mort...

Please forgive me if this post is naive. I have a friend who has been investing in real estate for years. Specifically, he is involved in non-performing loans in the New York and New Jersey areas.  He always has told ...

I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...

I am real close to getting a verbal approval from Wells Fargo on a short sale deal I've been working on.

Today they sent me a couple of more items they need to move forward; one was a "short sale contract addendum"....

I know there's a lot of threads on Dodd/Frank and Lonnie Deals, However I'd like to hear from anyone who currently does seller financing and what method they're deploying to be compliant. Ideally, I'd like hear from s...

Let's say you have acquired a rental property and are almost done with renovations. You have a PM for your other rental properties. Do you slide the newly acquired and renovated property to your PM for them to place t...

I currently have a few questions regarding wholesaling properties. Any help, advice, etc would be appreciated.

1. I understand how to determine what to offer a potential seller for their property (ARV x X% - repair...

Hello,

What is the most efficient way to collect rent payments? Is it by mailing a check? Scanning someone's credit card? What are some different ways rent can be collected that are efficient?