Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...

It's time to do my first eviction!  I purchased my second property in August, so I have inherited tenants and the old landlords lease.  Tennant has not made February payment and has now stopped responding.  I posted a...

Hi AllI have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month  in advance for a 1 year lease.   So she will put down 1st 3 mo...

What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.

Purchasing triple decker in Boston MA, I'm wondering how can i handle the deposits/lasts funds that are maybe held by the current owner for Section8 owner? In other words, if the current owner claims he never collecte...

Yes I know, I should have screened my tenants better but I am a sucker for people trying to turn their live around.I know that they (I hope I am using the politically correct pronoun here so my post don't get deleted ...

        I won a 4 Bed 21/2 Bath House in Indianapolis on Auction.com on March 20th.  It was a foreclosure from Bank Of America. The first communication was that closing would be Apr 9th then after contract signed clos...

What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.

Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...