I'm thinking of changing my lease clause about how notices in writing should be given. For the last handful of years, I've gladly accepted emails when tenants wanted to terminate a lease. I now want to terminate a lea...

My wife and I just purchased our first small apartment complex purchase, 14 units, from an owner who was taking all cash payments from the tenants. Many of the tenants do not have bank accounts and I don't feel safe w...

I have 8 washers and dryers in my buildings, I get about $400 per month in quarters. It is nice to lesson the blow of the water bill. However I am with TD bank (in NJ) and they used to have a coin counter which I woul...

Greeting BP communityQuestion for you all. I currently only qualify for conventional mortgages via Freddie Mac, which caps my loans at 6. I currently have 6 properties (including my primary) so I have reached my limit...

I'm looking at a 1971 duplex I'm under contract on.  Inspector provide pictures and concern over the electrical panel.  It has multiple "double taps".  Normally, I think you install the narrow breakers, but it already...

I finally got around to reading the new terms of service.  A few interesting things but one in particular:
3.7.1 To purchase a Subscription Listing, Host must make an order by means of the Site's online order form an...

For investors with experience and knowledge for Illinois (specifically DuPage county) rules, I am looking for some insight on the below:- Can security deposit be forfeited if lease is broken (either by not paying rent...

Here is my situation. I have recently acquired a REO property in a very desirable part of town. It has (4) 1BR units, on top of a storefront. The store front is occupied, so all is well there. I am performing some...

Do you still accept checks for rent? Why or why not?The property management company I work for refuses to accept any form of electronic payment. Although they were unclear on the reason for this in response to my last...

Hey All,
I'm moving in a month and I plan to rent out our current house starting December 1. The price range this house falls in will cashflow pretty well, so my main concern is getting things right from the start.Le...