HI,I am a new landlord and am listing my first house for rental. There is an applicant who is self employed and wanted to pay me 1 year rental in advance to resolve my concerns about his income. Can I accept the prepa...

Hi all,I have a tenant who is by most accounts pretty good.  He is on a month to month lease, single parent working two jobs which I really respect.   He has been late on rent one time which we worked through.When he ...

I have a unit that I am renting out for 750/mo.A couple wants to apply who just relocated from Taiwan.  They do not have current jobs, and have been out of the Country for 3 years.  They were working in Taiwan.  I wil...

I'm renting my first property in RI, my previous experience has been in MA. I typically charge 1st, last and security for a new tenant.

I was told that was not allowed in RI- anyone have experience with this...

Hi everyone,

I'm trying to solve a question about Property Management. I understand that I need to either hire a broker or be a broker to manage finances within property management in the state of Pennsylvania. Howev...

So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...

Hi All,I know that when you receive a prepaid rent, you treat that as an income on the year that you receive it.  However, what if you use the property manager, and they are the ones that receive the prepaid rent and ...

Hello,I'm so glad to be a part of BP. Great opportunity to learn and share.  I would greatly appreciate so help. I have a tenant who is a LINC housing program participant whose lease I do not wish to renew ( it expire...

Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are th...

Does anyone have a bad experience or see any reason not to accept a full year(the lease term) rent payment in advance? This single family home rental will be in AZ.  Seems like a great opportunity to me! Also anyone f...