What to do with a good tenant that wants out of their 1 year lease after 6 months.  It is a senior that can no longer care for themselves and the family is wanting out of the 1 year lease after 6 months.  The tenant h...

I'll try to make a long story short here. We're in contract for a duplex in Queens, NY. My broker told us the house wouldn't need flood insurance before we made an offer. We're in the final steps before setting a clos...

Hi BP!
We're new at this looking for our first investment property. We are primarily looking at multifamily units. We live in a pretty rural area about 10-15 minutes between 2 different markets in central Iowa. One m...

Hello everyone

Quick question do you all analyze a condo the same you would analyze a SF? Do you include a utilities and repair expenses? If someone could please share the numbers on a condo they own I would greatly ...

Homeowners Associations (HOAs) play a pivotal role in maintaining the quality and value of a community. However, with this responsibility often comes the need for enforcing certain rules and regulations, leading to fi...

Job growth and new business creation has still been pretty solid in California and accounting for 1/3 of new jobs recently nationwide. I keep reading on BP that it is not smart to invest in CA. I am not sure I would c...

Hello,
A  long-term tenant just moved out and i have a clause in the lease that states that the tenant was not allowed to smoke inside the property however there are smoke stains on the ceilings and ceiling tiles thr...

Hi,I am attempting to secure financing for a five-plex via a commercial loan. This is my first real estate property, but it's older and the loan amount is small (less than $200k), so the banks and credit unions I shop...

Hi BP Community, My name is Andrew from San Diego, CA. I’m hoping you could give a guy some guidance. I recently found a property on a hill with a storm water drain on the front street. I did some research and discove...

I have a question on behalf of a friend who isn't a member here. He is a small business owner, so he has money socked away in what he told me was called a "Simple Retirement Plan". I don't know much about those th...