If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?

Hello, I am needing some guidance on the best strategy for us. We live in San Diego and will be coming up on the 2 year mark of purchasing our primary residence this February. Purchase price was 630k, currently worth ...

I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...

How often do you guys write offers before doing a walk through, based on the numbers?I’m looking at small multi family, and I’d like to increase my chances of getting an offer accepted by simply writing more offers. I...

I've been hearing a lot about short sales and the trend towards more of them to avoide foreclosing. I also hear that they are a lot of work and the banks frequently don't approve the offer price after working on them...

Dear BP,

Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.

I have my HELOC approved. I have...

Hello,What is the best way to manage and communicate snow cleaning responsibilities to tenants. In my area it's not possible to hire a professional who would come and cleanup whenever it snows for a flat yearly fee, I...

Hi,First post here. I need to hire a new property manager due to ongoing issues with my current manager. What’s the best way to give notice to my current PM? Can I email? Do I need an official document? My house is va...

Hi All,

I am set to close on my third property later this week (all this year) and want to make sure I'm organizing all paperwork for tax write-off purposes. What "up front" costs can I write off? Appraisal, inspec...

This is our first rental property and having an issue with the one tenant keeping oil in the tank . They call us to say the furnace is not working but then we find out it’s because once again he has run it to low and...