Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...

This week, my condo seems to have stopped serving electricity to a couple of the bedrooms. Other parts of the unit are still receiving power. I am thinking I will need an electrician to come take a look, so I’d like t...

I had the best tenants ever with no late payments and no repair calls.  Three years later I was worried when the rent was not deposited by the 2nd.  Normal for most of my tenants but this particular case was different...

The bank placed a clause in the warranty deed that restricts the resale of the home we purchased for 90 days above a certain amount. Anyone know why they would do this? This was a short sale.

My first deal was to be owner occupied in a condo.  This condo is downtown, one block from the main drag, with a peek-a-boo view of the harbor.  I bought it off the MLS as a foreclosure and it was terribly ugly inside...

I just sold most of my stock in one of my SDIRA accounts and purchased 2 condos that I plan to rent out. One condo is currently vacant and the other is occupied. I have an LLC set up for my other privately held proper...

Hello BP,I am trying to find a lender that will give me a long term (15-30 years) fixed rate mortgage for a single family home in an LLC.   Is anyone aware of any lenders that will give "conventional" financing to an ...

Hey guys, Just wondering what the rules are when it comes to rent increase (I’m in Newfoundland, Canada) I’m looking at buying another rental it comes with tenants that have been there for 5+years there paying below c...

Whoever a contract is filled out and signed by both parties, does that contract absolutely specify what the terms are, or can the state where the contract applies override the terms in the contract?  For example, I am...

Ok, so my parents just bought their first rental property and they just want me to take care of the management of the 3 units. They are held under an LLC that I am not a part of. Would it be illegal for me to manage t...