My tenants have lived in the house for several years. During this time, the rent has increased by $650. How do you handle the difference between the original last month's rent and the current rent? Do you require tena...

I'm in the process of closing on a foreclosure in the Atlanta suburbs that I am going to rehab and sell. I'm curious what is the best type of insurance and best insurance company to use to insure the house while it...

Hello folks, I have a question concerning billing for a short term rental that I will be leasing out as a midterm rental during off season.  I have only used this property as a STR and I don't know when to collect sec...

I'm looking for some help with getting started using wave accounting.  I only have one rental property.  I acquired it 2 weeks ago and repairs are being made now.  I will be filing using 1040 section E.  I use 2 accou...

HelloI am looking for a bank where i can do a cash out refinance on properties i buy with Cash that will lend in the Cleveland Ohio area.I have called around but not that many banks will do a cash out refinance withou...

I’ve got a 1-year contract with my property manager & then after the year expires it becomes month to month automatically. I want to get a new PM earlier though because the current PM is horrific. They take foreve...

Hello BP Family,What rates are usually offered when obtaining a loan from hard money lenders or from personal relationships compared to rates from traditional institutions?Thank you.....

Hello,I am in VERY early stages of possibly being able to buy a portfolio of properties from a local investor who is well into retirement and might be ready to bow out. For simplification, Ill use round numbers. I wan...

Hi, I've done a few hard money loans in first position. First, though a company then on my own. I was recently approached for a 2nd position deal, which I've never done before, but the terms sound so horrible to me th...

So I recently found a two family house in Connecticut that I put an offer in on and after negotiations we settled at $150,000 with $5,000 back toward closing costs. Taxes are $5600 a year. The issue I have is with t...