Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...

This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think.  Disclosure: Not a mortgage broker...

Here's my situation:I'm closing on a three family house in Massachusetts for December 4th.  Currently the first and third floors have tenants, the second floor is vacant.  Both current sets of tenants have lived in th...

Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...

So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...

In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...

A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...

Hello,I was living in a three family home in NJ for just a year. Prior to me moving in, two tenants were terminating their lease and moving out early. This was my first apartment so I didn’t think nothing of it. I am ...

I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...

I wanted to share with you a situation that recently came up with one of our rentals regarding service dogs.  Please note we are located in Pennsylvania, though this issue is at a federal level.  The Situation:   Our ...