I'm looking to do a cash out refi on a four plex. I bought under an illegal contract for deed subject to the existing financing. I put $5000 down and put $122k into the property so far. I've converted all the units fr...

Can someone please explain how exactly the fee is received? Does it go on the hud closing form? Can you collect it upfront? When you sign the assignment of contract, do you give the investor a copy of the purchase con...

I have just read that it is illegal to charge a rental application fee in Massachusetts. When looking for apartments in the past I paid many of these fees. Shame on me. I’m surprised that so many people charge these f...

I'm house hacking a duplex and I need to figure out what to do about my taxes. A lot of the "higher-end" providers that have been on the BP podcast are all about building an "ongoing relationship" (i.e. monthly fees)....

Happy Tuesday everyone,It is time for me to reach out to HMLs, as well as potential lenders for the refinancing portion of BRRRR, in order to find the best fit and get preapproved. I'd like to know the best method of ...

Hi, 
I would like to know how do you go about tenants paying  rent late during this corona pandemic, do you charge late fees?

A member of one of my REI groups posted this in the group page. Wanted to run it by BP to see if it passes the sniff test. Please all feed back is welcomed and I’m at no means endorsing this lender. I may use them bas...

Hello,I have been doing the landlord routine for the last 6 years. I have 28 units now and it's time to improve my systems and look for better ways to run credit, etc. I have mostly low-income tenants with poor credit...

Are town homes a good buy and hold investment? 

My MTM lease has a date due for rent of the first of the month. There is a grace period til the 5th of the month at 5pm. If not received, they owe an additional 5%.I have a tenant that is occasionally late on rent - r...