I am about to close on a newer 6 family. It is fully rented, but was not managed well either financially (less than 1 month security, very high water/laundry bills, etc.) or contract-wise (simple 1-page contract). O...

One of my tenants admits to doing drugs in the apartment, and states that he has no problem with it. He agrees to pay for a broken window and carpet replacement due to wax burn marks on the carpet. Should I evict him ...

I own about 50 acres that could be developed in central Texas. It is in city limits and a couple thousand feet from a large mobile home park. Some run-down double-wides there rent for $1400/month.The immediate neighbo...

Illinois is poised to become the 7th state to require us to accept credit checks from applicants. The intent is to cut down on the cost of applying for rentals, particularly for renters that have to apply more than on...

We bought a REO and finally got to do the first walk through this weekend.By the time I got to the master bath, the stench was almost overwhelming.  But then when I say their most recent reading choices, I lost it!At ...

Managing a rental can be as tricky as a high-wire act, especially when it comes to picking the right tenant! A friend of mine, who not only manages but also lives in his triplex, is about to face a vacancy. He's con...

Good Morning All,We have officially completed our first year in business. We did about 15 deals ranging from $15k rehabs to $650k rehabs and $23k wholesales to $150k wholesales. It was about 50/50 on wholesaling and f...

Hello All,
I am moving out of the place in a month and Landlord is asking me to get the kitchen counter top repaired or replaced (pictures below). He says, I have damaged it because of water. I wasn't sure what to do...

Hi, All. I have an SFR that is halfway through a one year lease. My lease stipulates that the tenants are to maintain the yard. It does not go into specifics as to what this entails. They have not been maintaining the...

Hi Everyone,I am new to the forum. Looking forward to learning from the great BP community!!!I live in NYC and are new to investing in real estate. I had a bad experience investing in the city and lost money in 2009. ...