I purchased 3 townhouses about 5 years ago in the $200,000 range. They are now appraised approximately at $300,000 each. My mortgages are roughly 175,000 each. Each generates about $300 month cash flow.

I would ...

I have a condo for rent near a military base outside of Seattle in Washington State, and got a strange call today:A man and woman called and asked about the condo.  I told them someone already applied and we were goin...

In light of the recent lawsuit against the National Association of Realtors (NAR), There has been significant discussion regarding real estate commissions following this settlement. Today, I want to take this opportun...

If I understand correctly, some members advise offering a maximum of 70% of the ARV minus the repair costs for a property. This is usually a very steep discount to the asking price. Since most offers will probably g...

Hello All,

I got my real estate license earlier this year, but have not yet practiced as a real estate agent representing sellers and buyers. I've just been making offers on my own behalf as a bu...

Howdy gents. With my history of rental properties I occasionally toy with the idea of getting into commercial rental property(apartments). I can see some pros/cons about making the jump, so I just haven't really tri...

Hi everyone-

I own a few rental properties in Portland Maine. I'm in the processing of adding to my portfolio and this time decided it wasn't worth it to me to work with a buyer's agent. As I check out properties a...

Does anyone have any experience with Hotels?

Hello All,I decided a few years ago that I wanted to get into the real estate business by buying and holding rental properties. Over the past 4 years iv managed to save around 150K. I live in Massachusetts near Boston...

Dear BP'ers -

I am looking at my first potential deal and its a HUD property. I have obviously not dealt with HUD properties before and learning their cumbersome process to get the deal approved argh...

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