Hello all,I recently purchase a Texas MF with tenants in place.  The lease that the tenants signed with the Seller states that rent is due on the 1st of the month.  On the 2nd, a $50 late fee is charged, plus a $20 pe...

I recently purchased my first multi family property (2 townhouse duplexes). I closed on the property on July 2nd. Rent is due on the 1st and late by the 5th. Everyone paid on time except one. After multiple calls and ...

Hello,We just purchased a duplex from an auction. Everything has gone smoothly so far. The closing was fast and seamless. We bought the duplex knowing they were tenants that have not been paying. One unit is occupied ...

I have a tenant moving out, the cat scratched the heck out of the carpet, under the door into the bedroom and hallway. The carpet is 5 years old, do I charge for replacing the carpet in the bedroom and hallway or just...

Hi,

I'm renting a house and I accepted verbally a couple that is moving from out of state. They won't be able to sign the lease until they come back from out of state next wednesday, in the mean time I'm stil...

Hi everyone. Unfortunately I need some advice about collecting money from a contractor who owes me $1500. I have tried everything to reach out and collect (and have full documentation to support my case, including tex...

Hey all, Ok... I have a tenant who has been kind of a problem ever since I got involved with the property.  They were placed in the unit by the previous property manager and their lease is OK but pretty minimal and no...

my tenant is breaking her lease 3 months early because she decided she didn't like the neighbors in the condo and wanted to by a house. She claims she will pay rent until I can find another renter.

At the poi...

Hey BP Family!
I am starting to analyze deals for my first house hack here in Houston Texas. I have a 780+ credit score, absolutely no debt, and I just graduated college into a real estate investing job where I am o...

This is mostly for owners of out-of-town property, but how do you keep track of your property manager? What kind of reporting do you require of your PM? Are they diligent in showing rentals and following up on rental ...