In January 2021 I turned my first primary residence into a rental when I took a new job and moved about 1.5 hours away. I had a lot going on at the time between starting a new job and getting settled in at my new home...

Hello,I have a new tenant (single mother) moved in last month 9/1/16 paid 1st month rent and SD. I gave option to pay last month rent in 2 payments 10/1/16 and 11/1/16. Late fee $150 till 1st till 15th of the month. O...

Hi everyone,

We just acquired 9 new doors and inherited 6 new tenants ( the other 3 are vacant for now).
This is the first month we will be collecting rent. So far we have received 3 units rent.
Yesterday I sent th...

I have a situation that I could use some advice on. I just purchased a three flat in Chicago via an FHA loan so I need to move in. There is a month to month tenant in one of the units that I let know on April 28 that ...

I have a tenant who told me that they are pretty far along in the process of buying a house and they would be settling on April 27.  I restated what the lease said as far as breaking it and started my search for new t...

Just noticed I could add more so I want to list now on the market with an agent. I feel take. Advantage of by investor. Appraisaer only listed crappy comps didn’t bother to check if neighbors home sold way over asking...

Other than "don't do it!!!" would anyone care to share your best advise and perhaps top pet peeves about property managers you have worked with while managing your investment properties. We are managing 18 properties ...

Hello all, I am currently under contract to purchase two duplexes that sit next to each other, total of 4 units.  I have made several deals over the years, however all the properties were vacant and I was able to plac...

Hello BP community,My partner and I are currently in the process of closing on our first investment rental in the Memphis area. We plan to use a PM to handle the day to day. However, we want to see if anyone knows any...

Quick question . . . our leases state that the rent is late if not paid by the 3rd of the month and at 15 days, we will initiate eviction proceedings.  We have one tenant that screened well (talked to the previous lan...