I am asking this question for a friend of mine in Chicago. She has a tenant that stopped paying rent about 9 months ago. When confronted he just suggested she go through the eviction process, presumably because he kno...

I recently learned from a fellow BPer that they transfer a lot of their multi-family property management/maintenance responsibilities to their tenants via the lease, i.e., cleaning entryways, curbing trash, snow remov...

Hello everyone! I haven't been on the site lately as I have been busy with some projects and keeping a healthy lifestyle :). One of my contractors who is a great person and has helped me needs some advice. He has been...

All,I am looking at a nice potential flip property but it is disclosed the outside is asbestos.  I believe it is the shingle siding.  For estimating purposes:1. Do I need to replace them (most likely for resale right)...

When assigning a contract to an end buyer, does the seller have to approve of it? I made the mistake of talking to an agent who didn't have a clue what wholesaling was and she said without the approval of the seller I...

I'm considering purchasing a duplex in the Detroit area. This will be my first rental property so I'm still learning. I'm curious if anyone has experience using section 8 in the Wayne county area and what there opinio...

Well, I guess it was bound to happen.  2 1/2 years into our rental business, 10 houses, we were due for an eviction I guess.  Tenant notifies us about 2 weeks ago that she is moving out October 1st.  Her lease is not ...

Hi all,

Just wanted to share w/ everyone that direct mailing can work. Since joining BP I have heard a lot about direct mail, yellow letters, etc., so I thought I'd give it a try. So far I've mailed out tw...

Hi everyone,So, during my research to get a loan for a MHP that I am looking into, my bank and my insurance company recommended me to gift the MH's in this park to the current tenants and rent the spaces to them so th...

I apologize in advance that the pdf link is through a vendor but I am working on closing the year, month and a lot of other year end stuff and am super busy. Among other horrible things, this seems to require a 6 mont...