What are the benefits to have month to month vs a year lease? I have someone that wants to stay a year but I am not wholly sold on this prospect. I would also collect 2x the security. Thoughts please?

I usually have not. In the past when a couple people asked when we would do the walk through together after moving out, I declined because I don't want to have a debate with them, I compare the before pictures with th...

Well, we are getting around to the most wonderful time of the year and that means tenant Christmas gifts. I know some Scrooge like landlords skimp on this but I am convinced that Christmas gifts build good will and ar...

Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...

Hi guys. My name is Matt and currently my wife and I have been living at the same apartment in Chicago for 3 years -- never late on rent. Long story short: My landlord raised the rent by $40 year two and $60 year thre...

This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth

The tenant broke the lease and moved out and left a mess
I sent the message that the secutity deposit is not enough to cover the expenses after the tenant moved out to the last known address of the tenant (which is m...

I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...

Hey BPFAM,new investor, so just need guidance. We are eight hours away from our property visiting family for Christmas and got a call that our rental has 3 feet of water in the basement. A ceiling has collapsed and th...