Thanks to all the wonderful advice I have found by lurking around on BP for the last few months we are now under contract for our first rental property! It's a 3/1 SFH and we should be closing within the next 2 wee...

Late last year,
partnership company acquired a multi family property that help I manage.
Rents were ok but all utilities
were included per the lease. Net income is low because of this reason. As soon
as each lease...

I'm having difficulty with a purchase and determing if it makes sense. The thing that worries me is what covid has done to our tourism the past two years. Below I'd the breakdown, but I'm still waiting on the financia...

Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...

Hi everyone. We are in the middle of remodeling our 2 bedroom units within an apartment building. Currently the wall colors in every unit is WHITE in satin and looks if it hasn't been painted since the 70's so lots of...

After a discussion with other landlords I have discovered a potential problem with Zelle. What happens when you are actively trying to evict an uncooperative tenant? Let’s say the tenant is intentionally or carelessly...

Divorced situation.

Husband and wife are owners on record.

House on short sale subject to bank approval.

LA is asking contract to say it is contingent on husband signing quit claim feed.

But...

I have a question regarding late/NSF fees. I attempted to pay my rent online this month since I wasn't able to get a money order in time to pay the rent. I used their payment portal which only allows transactions dire...

Well, put me in the camp of no longer accepting two year leases.  The problem, as I've learned recently, is that the lease really only binds the landlord.  The tenant can still leave whenever he wants.One of my tenant...