Not meant to offend the property managers out there - I know the good ones exist. However, a common theme I've seen is how hard it is to find a good, reliable property manager that makes the money you spend on them wo...

Why YOU should become a hard money lender:1. VERY limited risk if you underwrite properly2. returns up to 60% per anum or more3. easy easy investment--just collect mailbox money4. much LESS work than being a landlord5...

Dear BP community, I recently bought and rehabbed my first rental, we left it in great shape and its ready to rent. The property is in a nice neighborhood and a good school district. But unfortunately, we are struggli...

Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...

Hello, We bought a property in CA at a trustee sale with an existing senior lien under the previous owner's name. Now my title company and are having difficulty in obtaining payoff amount. By standard, the serve compa...

I just purchased a duplex about 3 months ago and recently had the lower tenant move out because I raised rent higher than she could afford.  That said the new people moved in and they are demanding that I test the pro...

When having the seller sign the contract, I understand that you can put 10$ on it to secure the contract, but if seller asks you why you are putting in so little what do you them? Don't they want to know that you are ...

I bought a fourplex from Fannie Mae about 60 days ago as an owner occupant and I have yet to move in.  I do plan to live there but I've had two contracts fall through on my house and I have a flip that is taking longe...

Long story short... My property manager went to show one of my town-homes.
Turns out my tenant decided it was ok to put/punch holes in walls and put his cigarettes out on the carpet in every room. It's a shame beca...

Hi BP,On January 5, 2015 my partner and I put our first property under contract. On January 30, 2015 we closed the transaction and made $17k total profit. This thread will detail how we found the deal, obstacles we ov...