Hi all! I'm about to close on my first rental property (yay!) - a quadplex in the DFW area with all units rented below the market rent (about 20% below). How would you go about raising the rent - Would you wait for a ...

Hello BP members,I bought my first investment property in 2018 and started renting out to my first tenant ( Yayyy, was so excited ) last year. I moved to buying another rental unit this year too. Although the tenant w...

This is a newbie question - what service do you use to accept rent money when you're managing the property yourself? We're using a property manager right now for the basement apartment we just created in our house. It...

What happens in the case for a CA rental where the tenant signed a one year lease and then a few months later, broke the lease and moved out without giving a written 30 day notice (we only found out when another landl...

I keep finding these buy/hold opportunities where the seller or my agent tells me something like this:  'The current tenants are only paying $650, because they have been there a long time, but in this neighborhood, yo...

Hello all, I'd like to know what would be considered "good" terms on a private money loan.I am in contact with a hard money lender who's terms are 9.75% interest and a 1.75% fee. Do you get considerably better terms w...

Hi All,My tenant lives in a nice 3/2 with her husband and daughter and wants to move her elderly mother into the third bedroom, as she's not satisfied with the care she's getting at another facility. Mom would go to o...

Of the several property mangers I have there are 2 that do 1099's differently.
One manages 2 properties and does not issue a 1099. Annually I ask and annually they tell me that their owners just use the income from t...

My Super and I haven't been getting along lately.  He's helps me manage a 6 family multi and he occupies one of the units with his 2 kids.  I'm trying to decide whether we should go our separate ways or if I just need...

Hi yall, I just finised reading my first REI book "Rich Dad, Poor Dad" and i feel like i need to take action. Here is my first assignment. I have some family members who collectively have about 10-15k available to inv...