HI Everyone! I am a beginner although I've watched my dad invest in a few properties in NYC. I am looking to venture out and purchase my first rental. I am unsure if I should invest locally (within NYC) given that it ...

I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...

Hi BP people!My name's Jonathan, and I'm a father of 3 kids (6, 4, 2) with 1 more due this October. Yes, they're cute (and of course, I'm biased :) ):I'm also a co-owner in a design/web/strategy business that's been ...

Hi Folks, I live in Tucson and have 2 rental properties I own and manage. A friend of mine owns 5 rentals in town and he lives in Payson--about a 3 hour drive so I look over his properties.
Originally the plan was tha...

I have been looking heavily into lease options, but I have seen some on here saying there could be legality issues. Apparently some laws were enacted on the federal level to restrict a person's ability to take advanta...

Hello everyone! Before I start, I'd like to say thanks to the BP crew and the tremendous community you've built here! Honestly, the last 4-weeks on the site has been nothing short of life changing...

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Facing a difficult situation today. One of our landlords owns land for development which has become a favorite stomp for homeless people living in the woods. To add to the dilema, the hotel across the parking lot from...

I wanted to get some feedback.  I've been doing flips and buying rentals for three years now.  I currently have 7 rentals and am closing the sale of my 5th flip.  I feel like I've got my flips dialed in but I haven't ...

Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units?  For instance the cost of a turnover usually is a few thousand, ...

Hi BP members,  I have a tenant that has called me to report what  he believes  to be  a mold issue that is causing him to be sick.  Now I have checked the plumbing and  found no issues and I normally am pretty dil...