We found mold in an REO that I have under contract.Fortunately it's not black mold, and is only in a small laundry room in the basement.After I rip it out, drywall, do I still have to disclose to potential buyers that...

I'm exploring purchase of mobile homes in Florida communities as "snow bird" rentals. I realize many communities have deed restrictions on age and renting. I'm curious if anyone has any experience with investments of ...

I have a 154 unit apt under contract in Dallas. I had an approval and LOI from Wash Fed through a broker at BMC Capital. Terms were ok. I was only asking for 65% loan and got approval at 6.25 %, for first 5 years and ...

Hi everyone!
I am at the stage where I am ready to get into my first deal (I have saved enough, my credit is excellent and I have the time to do so) but I am still unsure of the right market.  Being from Long Island ...

I have an applicant who would move in with his 13-year-old son and whose other son (a UC Davis graduate) is going to move to a different region (two hours away). He mentioned that if things don't go well for his adult...

Hello everyone!
I was just curious to get feedback on when hiring a property manager would be appropriate. Do I need one after my first rental property? I am willing to deal with tenants, research companies for r...

Got the typical phone call from an IBUYER in TN, offering to buy my investment home. He sent me a sales contract with the agreed price of $125k, As-Is, no realtor fees or other closing costs and promise of $500/earnst...

Hey BP, So I'm about to close on my first ever property the end of the week, yay! It's a two family in Northern New Jersey and I will be living in the top unit.  The tenants are both month to month and I had to give n...

I have a buyer who is willing to pay $400,000 for a property that I can purchase for $300,000. Before I execute the contract I want to make sur eI am doing this correctly as I know "flips" are pretty much impossible ...

Hypothetically, my property manager and I have discussed recent applications for my single family home. We feel that a single tenant would be less wear and tear long term than a family with kids. But... would that be ...