Hello BP! I am looking for a realtor in Abilene, Texas that I can refer someone to. They are a first time homebuyer and are stationed at Dyess AFB. They are looking for either a value add single fam or multi that’ll r...

Hi, I hosted an open house last weekend and one of my colleagues came to help unannounced. The open house was busy so he helped out and show the property with few buyers. One of the buyers He helped made an offer. Am ...

I am foreclosing on a duplex in Indiana and my lawyer said he can write up an assignment of rents but it might not be worth it.  He said I might not actually receive the rents and/or would need to start maintaining th...

Hello:For those of you who self manage remotely, how do you deal with tenants that can not read in any language? We have a slight situation in our Fort Lauderdale properties.   They can speak English and French but th...

Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...

I had a young expecting couple view a SFR of mine yesterday. They both have jobs that have been or could be affected by Covid, as they are just at the income level that is 3x the rent amount while working... so I’m a...

I will be closing on my first property at the end of August. I am in the military and will be deploying in October.I have been juggling with the idea of managing the property myself... I have the lease and tenant appl...

Here's a question I'm not sure I've seen answered here before. After I have a contract assigned and the fee paid upfront, should I hold the end-buyers hand throughout the "closing" process? Also, once the contract is ...

I have a friend in an interesting situation - he provided his property manager (leading agent in a big complex) notice that he would certainly not be renewing over a phone call. He then received a move out notice deci...

What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself? Thanks in adva...