I had a friend ask last evening if she needs to disclose to prospective tenants that their half of a duplex may be haunted. Not having any experience with this I thought I'd ask BP. She bought it as a rehab and in the...

You hear so much (I guess from the gurus and course sellers) about how “predictable” the cash flow is from rental properties. Well I adamantly disagree. You have a maintenance issue…unpredictable cash flow. Your insur...

I was driving into the office today and had this thought.....are slumlords really that bad? Hear me out and then you decide.

I think it's safe to assume that most of the folks on BP would consider themselves ...

Hi everyone, I'm looking to start off in real estate investing. I've done a ton of research on BRRRR, flipping, wholesaling, and a bunch of other various strategies. They all have their various pros & cons. Given ...

The 2% rule  TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...

On a vacation to Whistler this past week I managed to read Rich Dad, Poor Dad (in between shredding the slopes) and thought that it was an interesting read. The concept of the rich buy assets versus buying liabilit...

Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...

My mother bought a 2 family house for 514K back in 2006.  The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...

How many days do I have to give a tenant to leave for stealing power? She has paid her rents,  but I just found out she's been stealing power since May. I got a call from police and city inspectors about it. Now the p...

Hi All,

I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...