Hi BP members, We had 2nd floor tenants went on vacation and they turned off their heat for one month, so this Monday the water pipe busted. The water gushed in into the hallway and basement. 30min later, another wat...

Hi everyone I’m in the middle of my first flip. I locked up a single family home (roughly 2600 sq feet) with 5 beds and 3 baths for $454,000.The ARV for the area tells us we can probably sell the house for 685-700k on...

Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...

So my buyer was denied his loan after BofA (Bunch of @$$ho13z) screwed up his loan application and delayed the closing for three weeks. After he did everything they asked for and demanded. They even emailed him that t...

This is fast forwarding abut 5 years until I can have the down payment and qualify for a loan for a hotel. I would be looking at hotels in the $4 million dollar range. Currently, there are hotels at this price that pr...

I had rental properties before, it wasn't very successful and I sold everything.  Fast forward to now, probably the worst time to buy investment property.  I understand that, but for some reason I still have an itch t...

To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...

Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.

What language, due diligence exits, and other concerns are you using in your offers? Actual exam...

I selected this forum because I want my story to be a successful one. But I doubt it.. And really today I feel like I want to give up.

In 2003, I came to the US through a work visa. Apart from job, I dreamed of esta...

This is a bit long so....  I am wondering if any of the BP members have heard anything about using a HELOC  to replace a fixed or traditional mortgage??I recently came across a u tube video of a fellow in Hawaii whose...