I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...

A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...

The LLC debate rages on here at BP.   Rarely does a day pass without an investor asking whether they should use an LLC or not.  Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...

Hello everyone, I have a family friend that is about to go to college and is very interested in real estate investing and says that will be his future. He asked me what he should major in and I told him business admin...

Today, in Sept 2018 the Stock Market is at 28,000. An all time high. The average wage is $26 per hour. It takes 1,077 work hours to “buy the market”. That is, if you buy one share each of the stocks of the Dow, the co...

When I was a kid, I would look at the cars as they would drive down the road.  All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car."  And when I was asked how much money I w...

I'm a relatively new private investor and have begun experimenting with the crowdfunding sites, to get into a wider variety of deals at a lower contribution if the terms and restrictions turn out to be viable, or a...

Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...

Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...