I am asking for a co-owner friend of mine.  She has a property that was leased to an individual. This property was used (and abused). The tenant left with proper notice and was given their deposit back "prematurely" a...

I live in Queens, New York. I share a two bed apartment with my roommate. Recently we found mold on his walls. I helped him clean it up and we informed the landlord. The landlord told us the excess moisture was caused...

I keep coming across posters asking for advice on how to “scale” their investment or business activities.  What they’re missing is that they first need to ask “Is my business / investment process scalable?  Here’s, th...

Hi, 
I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them. Property one is a 3 bdrm 2 bath with a garage that rents for $1,350 and property two is a 3 bdrm 1 bath, driv...

The market is frothy and cap rates have compressed. I am looking at the prices that large multifamily owners are paying and it makes me scratch my head a little bit. Buying at a five or six cap without much room for a...

I have a Property worth about 110K in Dallas TX,  I owe 60K.   I financed with private lender at 9% interest because I could not qualify for a loan 6 years ago, now I might qualify, my credit score is in the low 700s ...

Hello BPMy name is Lennox Marshall and I currently reside on the north side of Chicago. I work in the specialty (wholesale insurance) excess and surplus lines insurance market place. I design large construction insura...

Hey BP,I am in the process of buying my first rental property and it is a triplex in upstate New York. Prior to making an offer, I've discovered that the current landlord pays for utilities for current tenants. The te...

I am looking into a 10 unit apartment building where all the units are rented 20-30% below market value. The building is currently 90% occupied with some of the units being recently renovated. I am trying to figure ou...

True Story:

A former employer recently e-mailed me with details of a situation that I find quite disturbing. He was managing Broker for a mid-sized Property Management and Investor Real Estate Sales company.

It seem...