Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...

I’m receiving help from a leasing agent in finding a buyer who would also be interested in the option to buy. I might also like her help with managing the property and am currently reviewing her Property Management A...

Here is how everything went down.1) Money Order lost by USPS (tenant produced a receipt and I called to verify it was legit)2) Tenant calls about re-issue but MoneyGram requires 30 days before a re-issue(??)3) Contact...

My tenant initiated an ACH with their bank two days late. (the screen shot shows they set it to withdraw from their account two days after the grace period). Is the payment considered ‘received‘  on the day they initi...

I am looking at building a house on a spare lot we own. Can you all confirm the process order and anything I am missing?1. Decide on a floorplan 2. Receive construction loan quotes3. Receive soft appraisal 4. Sign Bui...

For conventional loans via Fannie, I know that there is a 60 day seasoning for downpayment funds for conventional loan. 
If you're receiving income from your W-2 employer, do these paycheck funds need to meet the 60 ...

Below is an email I received this morning from my HOA regarding trash that had been left outside my rental property from a rehab I have been working on with my property management company...

Thank you for making sur...

Hello,

I recently purchased a home at a Dallas Texas County Sheriff Tax sale. The property has been renovated and is now rented. I received a letter in the mail stating that there were excess proceeds and I may hav...

Hello.  I will be using Quickbooks Desktop for my 2018 booking keeping on long term rental properties.  I am learning how to use it and practicing and am having trouble with a specific scenario.I receive payments via ...

After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33. The debtor will make $200 monthly payments until paid off.
1/3 of the $200 goes to the agency, and ...