I purchased a 1st position NPN where the borrower signed a Deed in Lieu over to the previous lender.  The previous lender never recorded the deed with the county.  I went ahead and was able to get the DIL recorded wit...

Hey BP!I somewhat understand the whole rent-to-own thing but am not 100% positive. Can someone please explain the process, how it works for the investor and tenant, the pros and cons for both the tenant and investor. ...

Hello all,In the next few months i am coming into some cash and have been trailing through towns and cities in FL to try and work out which locations would provide the best cashflowing properties in areas that have lo...

Hey BPI was just curious (maybe there is an obvious answer, but I'm still new to this so nothing is obvious to me as yet)When doing "Rent to Own" or "Lease Purchase" is it always mandatory to pay the 2%-5% down paymen...

Hello everyone,I just joined BP over a week ago, I really find it very very useful, there are tons of information here for everyone in the business of real estate. I have been considering becoming a real estate invest...

For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...

Hey guys, I'm pretty new to BP & learning about REI. I'm curious if, when starting out, you find it helpful to get a Real Estate License? Assuming this answer is situational upon which route someone decides to tak...

I have a very old water heater that has started to leak. I figured I might as well just replace it as opposed to fixing it since its so old. I was wondering what was a good labor price? Is this a DIY job? It's gas so ...

Hi all,I've read articles online about how if done right, hiring a bunch of subcontractors and managing your own projects is cheaper and more cost effective. From what I've read, general contractors only do what they ...

I'm just in my 2nd year if out of state investing and recently bought a fixer in Topeka College Hill Area and Wichita Indian Hills and I was curious if anyone can give me some advice or share their opinions on investi...