A good friend and colleague owner occupies a three bedroom condo that he does not like. He feels it is too big, not walk-able to destination activities (restaurants, movies, parks, grocery stores, etc). It does not ha...

Hello BP-ers, My in-laws currently own 4 lots about 1/4 acre each in Tool, TX on Cedar Creek Lake (not on the lake, but walking distance to the lake). The area is called Paradise Bay. The lots mean very little to them...

So I am fairly new to owning a rental property... 3 months to be exact; and my tenant had their water heater go out. Immediately we ran down the basics of coaching tenant to relight the pilot, and with no success we h...

Do you give new tenants any kind of welcome kit? If so, what's in it? I'm considering giving new tenants something - including coupons to local resturants/shops and perhaps a book on simple maintenance tasks. 
Thoughts?

I have a somewhat easy, but worthwhile question. I have a tenant that has paid like clockwork since beginning a two year lease in March. In my lease agreement it requires the tenant to notify me of any adults that ...

Hello out there,General question for you all.  What are the repercussions for me going on the title of a SFR which my father owns with no debt on the property (currently appraised for 175K.  The plan is to fix it up i...

I am a out of state investor. I am exploring some strategies that would lead to extra longterm tenants. I was thinking of a policy that I would give a free December or half off months rent as an incentive to never ...

Greetings!

Like many BPers, I own a few rental units (2 4-unit buildings) and manage them myself. I run my business professionally, I take good care of my properties and like to think I treat my tenants well. I belie...

Here's the situation. My grandmother is 93 years old and is in assisted living. She has been renting out her house for the last ten years or so with help from my parents. After finally evicting a tenant they've been t...

Hi All,

Working on my first deal and will actually be purchasing a house from my parents as they look to free up some cash and are ready to move on from it. We have been researching the best strategy to go about tra...