Hi BP,

One of my tenants keeps leaving the stove & oven on and the smoke alarms frequently go off... He has offered to buy a new stove with "lights" to help him remember to cut it off. I've thought about letting ...

Hello everyone, I am a first time home buyer looking to invest while in college. The great news is I secured a private loan and got an “cash” offer accepted! However, I would like to purchase it under an LLC business ...

Here's an interesting article on where young college grads are choosing to live I live in Denver , which is ranked #3 here.  I can confirm the influx (although I hadn't quite realized the extent of it) and the popular...

Hello everyone, I am looking for a recommendation on a lock for keyless entry. The lock I am currently using at one of my properties dies very frequently and I’m trying to avoid the same situation on a new property. T...

My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...

Hi guys,One of my tenants wants to move her adult daughter with her. The daughter  is a single gal and moving form out of state so she does not have a job yet. She is 21 years old…The tenant is paying on time so far a...

Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...

Hey BP, while I try to buy a place, I'm looking to rent in Sacramento. I just got off the phone with a landlord. After we scheduled a showing and agreed to a time and date, he asked how many of us were going to be ren...

Holy crap! Selling my personal house and the day before closing our sellers backed out of the deal! Total breach of contract! We had accepted their contingent offer in May and then got an offer from another buyer i...

I frequently use Subject To when buying a property but I look for these characteristics before I propose it to a seller.
The first thing I do is determine how motivated the seller is. If the seller needs to sell quic...