I've inherited a few rentals with chronic late payers. They are all 10-20 days late. I always post the notice to pay or quit about 5 days in just in case they don't pay, but they always have.I'm sick of posting notice...

As summer winds down, here’s a look at how things shaped up this season.
Most property managers reported occupancy rates being down by 10-12% year-to-date. August was hit the hardest, which makes sense given that man...

Evening BP Family,

I need your help!

I just won a bid on my first mobile home park. I got it for 415k - 33 pads

I’ve asked for certified rent roll and tax records from the last 2 years.

They’re saying they can’t ...

BP Community,First time posting to the community. I am a new investor and I am in the process of purchasing a property with my Heloc (7.75% fixed for 60 mo). The property is $105,000. With expenses and minor rehab I l...

Hey everyone! I want to increase my late fees from $25 on the 6th to 8% of rent (MN maximum) on the 3rd. Do I have to give them 30 days notice for that or can I give it now (on the 7th) for next month? Too many people...

This is a follow up to an earlier question I asked.  I had a previously excellent tenant break their lease.  We agreed she would continue to pay rent until a new tenant is found.  She is not low income.  We're adverti...

Greetings,First time landlord here who decided to utilize a property management team since I am military and won't be in the local area to oversea operations.  I chose one because their contract that I signed with the...

This may sound like a dumb question but, I just started a multi-family company in Texas in October 2013. I haven't purchased anything, therefore I have no sales and I got hit with this bill of $1,150. Has anyone ...

Hi All. Long story short. I decided at the beginning of March to list my tenant occupied rental property for sale (great timing huh). My tenants at the time were very understanding and were willing to accommodate show...

My lease agreement with tenant is month to month and the rent has to be paid by tenant by the 1st of every month. But now it’s the 3rd already and I don’t receive the rent from this tenant yet. Today (3rd) I’m going t...