So, I rent out my basement floors to some friends. We have no lease and it was intended to be short term.  The term has gotten longer, which we're ok with, but now they have some "needed maintenance". 1) I have yet to...

I am going to try to keep this short.  We are in contract to buy a property for $20k, it is probably worth $60k as-is and $120k after rehab.  The current owner was quit claimed the property by a "friend" who had racke...

Hello, I am looking for recommendation for a property management software. I have 10 doors that I manage on my own now. What I need the software for is basically to report the monthly rent to a credit bureau on regula...

What’s up everyone... I had a full day of driving back and forth across town checking on projects and looking at properties and was able to get caught up on my Podcasts. BP put out a new one regarding How to improve y...

Good afternoon, I have a friend that is renting her home to a business in Texas and they have requested a W9 from her. Is this standard practice when renting to a business? would they request this form at the beginnin...

Hi BP,I just had a discussion about wholesaling with a friend here locally and a recent thread on BP had me thinking of a few more questions.  In speaking to friends in the Boston area that are are getting outbid or p...

Hi! My friend told me about this site and I’ve made some connections with professionals but I would like to make connections with people starting out who aren’t selling anything. She told me the Facebook group is amaz...

Hey guys, I live in Alexandria, Virginia and I was looking for a recommendation on a RE friendly CPA for my taxes. There's a gentlemen in Atlanta, GA that's willing to help which is great. I was just checking to see i...

Lets start off by saying that I am no social media/marketing expert by any means. I know how twitter, I know how to share a link/blog post or something interesting to social bookmarking sites but I am certainly NOT an...

My friend rented out his duplex to a family 2.5 years ago.  After they moved out, the property was damaged significantly.  The security deposit was $3000 but he spent closed to $5000 to repair it.  He told the tenants...