First time for me so I’m looking for advice on the best way to handle having an elderly tenant die. She was the only name on the lease and family is saying rent may be late

I was just about to hit send on a group email announcing an open house when I remembered my wife commenting that people now sleep with their smartphones on the bedstand and an late email alert is like a late night cal...

Hey everyone!
I posted a while back about my hopes of house hacking soon in order to get started in real estate and I received a lot of great advice. Just a little recap: I am located in Kansas City and work full tim...

My tenant has been bringing her boyfriend over every night for almost 3 months now. We pay for internet, garbage, except for water & electricity. We split the utilities by the amount of people in the house (her...

Hi Everyone!I am new to this site so sorry if this is the wrong place to post these questions. I am doing some research on real estate investors. I want to understand the problems that most of you will encounter durin...

I just got an application that looks great. Solid income, over 800 credit, no criminal background (has law enforcement employment history). Applicant said that they do not have any pets, but they do have a co-worker t...

Hey BP, I'm in the process of closing on a Duplex in Los Angeles, CA and I was made aware days before closing that one of the tenants left in the middle of the night without giving notice. The lease agreement was mont...

Ill give you short story of how I made $40,000 (in equity) with a Facebook post.  I made a post a few weeks back that said " Bring me and off market deal and if I buy it I will pay you a $500 finders fee."  My inbox s...

Hey BP, I'm curious what issues you're most concerned about when it comes to passing an IRS audit and staying compliant with all regulations we have to follow? What penalties have you or your colleagues faced/almost f...

Are there any surprise tax rules I should know of for renting out my condo to people nightly? As far as I understand if you rent your condo out for fewer than 14 days at a time then the rental income is tax-free (othe...