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After weeks of waiting for the seller to settle his debt Im officially the owner of a 4-unit apartment building. This is my first time buying property and, obviously, the first time being a landlord. I went to the pro...
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Tenant reported bed bugs even though I've never seen any there and no previous tenant ever complained of bed bugs. They moved in from a hotel...Although I'm going over there today with an inspector, my biggest conce...
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I am selling my rental property and wanted to use my realtor but the property management is telling me that they will no longer be able to manage my property if I use my realtor. They will only continue to manage only...
I have seen several conversations lately which have had some form of Due On Sale or Alienation Clause concept in them. As such I want to address the topic and provide a little opinion as well.
First let's start wi...
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I know a few investors that have never filed 1099s with contractors. They claim to either play dumb (thought it was a C-corp) or just never file. One guy has never filed in over 10 years and never a peep from the IRS....
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I recently had a tenant move out. I did not return his security deposit due to the fact that he damaged my Porsche that was in the garage. Long story short. I rented a couple of rooms in my house to a proffesional ...
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Yesterday was the day (finally) the sheriff came to evict my inherited tenant! Upon his leaving, the tenant asked when he will be receiving his security deposit (I couldn't believe it). In my leases, I include that t...
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Hi, under contract for 4-plex multifamily in phoenix. The property is has full occupancy. I haven't spoken to the current property management company yet, but I wanted to get an idea of some info beforehand because ...
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Hello again BP!I'm a new wholesaler and I'm looking to get a mentor. I'm looking at sending my first direct mail out this next week and I would like to be able to have someone who can walk me through the process of ev...
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I currently own a fourplex which all tenants are on a month to month lease. I purchased the property in January 2022. When I purchased the property, I had the previous landlord increase the rents which were way below ...