So I inherited a squatter at closing.He was listed as “boyfriend” of previous tenant on lease I inherited from seller.Problem is that lease expired May 2018.The original tenant on the lease moved out on expiration of lease and i never met her.Now this boyfriend is late on rent.He’s technically not on lease.I’m planning to ask my agent to post a 3-day notice on Monday.But I’m not sure that even applies as technically he’s not my tenant as he never signed a lease.Has anyone dealt with this situation?

Every situation has to be evaluated on it's own merits. 

Is it relatively safe to be looking at most houses in those 4 places or is it a street-to-street or block-to-block situation where one street is great for investment and the next one is a war zone?

Hi BP Members,Here is the situation I am in1) I own 4 properties ( i am the only one on the  mortgage and the title)- 3 rental and 1 primary.

Hi Anastasia,I would like to agree with both @Salvatore Giancola and @Cassidy Logsdon; Windsor's low purchase price and rent ratios can create an ideal situation for cash flow.

almost every nice home is above market value in our town. reason being is our sewage pond is to small for the growth we have encountered so there is no building permits for the next year and half roughly. the only option is to buy an already built home or have your own septic system which there isn't a lot of land for sale either. so the market here is very crazy. our realtor also hasnt sold in our town. so im very confused on our situation. thank you for the reply.

I am seeking feedback and suggestions from other owners and/or managers with suggestions for how to handle this type of situation. 

I have an interesting situation I need help with!

There's never one right tax answer because of your personal situation and how the entity is currently set up.  

Hello Everyone,I've been thinking of integrating a rental property into my income stream for a few months now, and it seems that a unique situation has appeared that I may be able to take advantage of.