I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...

I'm still seeing a lot of Landlords that don't realize the eviction moratorium includes Tenant requirements. If you have a tenant that is not paying due to the Eviction Moratorium, use this form to document the situat...

My BP Landlord Community,

One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...

Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...

Local wholesaler gets a response from some bandit signs. A homeowner is willing to sell his vacant hoarder house and adjacent lot in a nice area in Los Angeles. Sale price for both properties is something over $500k...

I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...

This is my first experience with this, and to be honest, I'm panicking.  A former tenant that just vacated a property I own is suing for multiple items and a large amount of money.  Mostly on items they're claiming we...

I am in the middle of purchasing a home as a fix and flip rehab loan.  The ARV did not come in at value and the lender is asking for $50k more out of my pocket.  I wasn't feeling comfortable with the deal and was deba...

Does anyone buy properties without an LLC?

Hello BP,I recently closed on a 5 unit property where all of the units are way below market.  With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...