I am preparing a rent increase letter, and figured that I will increase by 3% (currently $1500/mo).
I know large complexes (especially those run by REITs) usually increase by a round number of $100 on a $1500-1600/mo ...

BP,Going through my 2nd turnover.  Previous tenant was in 1 side of duplex for under market rent as work was being done and now he is leaving and trying to find the maximum rent value.  Since then, Exterior and Interi...

I contracted a company to manage and market the property. There were a lot of missteps on their part along the way, including them posting a description with all wrong information, like for a different property. 67 da...

I'm in the process of renovating my latest rental house.  I've been thinking about Smart-Home features which would be beneficial to a landlord as opposed to wiz-bang cool features to attract tenants. Specifically, I'm...

Currently I am wrapping up a fairly upscale newly built three unit townhouse project (sub $600k per unit).  Given the soft market conditions, and negative outlook, sales are not what they once were just one year ago i...

I own an 8/2 duplex in E. Cleveland outright needing a full rehab; roughly $42K. I planned on rehabbing but lost my materials money to my previous contractor and will not put more into it- however- I'm willing to give...

My friend and I plan to buy a property together. I'd be a general partner making all the managerial decisions and only my name would be on the mortgage, while my friend would be a limited partner who would contribute ...

Hello BP Family, Exciting news!Seller wants 75k for a multi family 4 unit+ 4 bedroom/ 2 bathroom house on the same land. (6 lots total).When’s the appropriate time to reach out to a hard money lender? Should i go with...

OK, not really sure of the question to ask here.We are on day 3 of our option period and i am trying to get insurance quotes done for this rental house i am planning to fix up and rent (SFR).  Now i own a primary resi...

So admittedly my lease was not specific enough as i made a rookie mistake and thought that this tenant who just got her PHD and was a scientist would have some common sense...Yes i know there is no excuse for a lease ...