Hi all. I rented out a tiny commercial space to some ladies that wanted to open a retail clothing store. 10 days after move in they had a falling out and one of them moved her portion of the merchandise out of the sto...

I'm looking to buy a property as a buy and hold rental unit, the numbers look good but there is one big potential problem. the current tenant is 80 years old. what happens if she dies in there? should I be concerned w...

HiMy company funds a construction. It owns the house with no mortgage on it. A project manager will find general contractor, get permits and handle the all aspects of the project. Do I have to get insurance for my com...

Looking for some help from folks who have been through short sales in non-recourse states.
Here's the scenario:
- The subject property was purchased as a primary residence in North Carolina back in 2008. There's is...

Hi BP,I have a home under contract, with a seller. His mom passed away a few years ago and he is selling as its been vacant for about 10 years.  I explained to him before signing the agreement that I will have to plac...

Had 2 guys reserve a house together a few days ago, they are both foreman for company that does refinery contracting work.  Today is the day they move in.  This morning one of the guys called me and said he needed a p...

Just listed our first rental and still trying to decide how to go about lawn care.  It's a single family home and the yard isn't huge.  Wasn't looking to provide lawn care since it is SFH.  I've been mowing all summer...

Hi BP!My fiancé and I currently have a 3 family in Albany,NY under contract and just recently had the inspection done. Based on the report the property has some minor defects and I would say 2/3 of what we saw we like...

I recently bought a triplex. One of the units had mold growing on the wooden window sill in the bathroom. I negotiated the cost of the repair at closing knowing the whole bathroom needed renovating.  The unit has a te...

Hi everyone, I'm hoping I can get your advice about something.
A couple years back, I purchased a property as-is. Conscious decision, timing was important, price reflected generous buffer for known needed work.
What...