The term "cash-on-cash return" doesn't seem consistently defined. I'm curious if people are typically using operating (no capex reserves) or free (with capex reserves) cash-on-cash returns when evaluating deals as it ...

Hi everyone, I have bought a triplex and am looking to refinance. The rents are below market value and I cant renew their lease until August. I would like to refinance before then. Just wondering if lenders are able t...

Wondering if there is anything special to be known when dealing with a potential North Carolina eviction of a Section 8 Tenant who has not paid their portion of the rent, but the Housing Authority has paid their part?...

I inherited a tenant whose lease recently ended. She left the place quite a mess, but clean for “her standards” as I had gotten several complaints from the City/neighbors regarding her lack of cleanliness. I sent an i...

Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property.  Some of t...

Hello, I am looking to purchase my first home soon but I have a dilemma.I am looking for the maximum tax refund I can receive, but I understand this can hurt my chances with receiving a loan for a mortgage. Would ther...

Does anyone know where or from whom DataQuick receives their foreclosure data?

I have thought, for a long time now, that DataQuick receives their data from mining the public records themselves. However, I recently s...

Yesterday a fellow BP Member got a "your account is unverified" message (again). Not through his email, but on the BP site itself.But, it seems that in order to verify it, you have to receive an email from BP? Well th...

Not sure this is the correct category - but i received a letter from a “Consumer Law Attorney” letting me know that “according to court records a foreclosure had officially been filed against you (me)” and that they w...

I collect last month’s rent and security deposit when a new tenant moves in. How do most of you account for the receipt of this money? Right now I create a separate account in Quick Books for the deposit of each u...