(We're in Seattle.)This is my first post on BP!I'm closing on a triplex on July 31st that currently has tenants. The tenants are all month-to-month but two units only have verbal leases. Repeat: NO written lease. We w...

Hello all savvy investors from Memphis, TN. It seems like your buy n hold market is a lot better than where I am currently living. A typical "good deal" that I just witnessed an investor make is purchasing a property ...

I am a landlord and the homeowner next door is suing me for personal injury, claiming a leak from my property caused him to fall and break a leg on his property. My tenant never reported the leak to me and said he fix...

So I've had the same tenant for 2.5 years and he's currently 6 months into a 2 year lease.  He's always been a great tenant and never had any major requests and I've been pretty quick to get everything fixed that has ...

Hello All, I am a new investor in the Houston, TX area. We just had a great meeting with a investor/contractor who has been in the business for a while and he brought up a point that i thought was interesting. In our ...

I am in negotiations with a potential seller who owns a property free and clear and is willing to "entertain" the idea of a seller carryback. She is fixed on a certain number (sales price) and I have been playing ...

Hi BP, my immediate plans aside from purchasing a triplex to live in one unit with Rhode Island Housing were they have a program that finance 100% of loan, is to apply for a few Business credit cards (not linked to my...

I have read through the Illionis SAFE Act and I really dont understand how it will affect doing Lonnie Deals? I plan on trying them out, but while reading back articles on them, I see that SAFE act being brought up.

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You have a mess, you should never have leased the property with a tenant being responsible for maintenance and repairs.

It could be assumed the home warranty would be provided at closing, not at the time of a...

This will be my first investment property. It will be a short term rental property. When it comes to financing, is it best to finance this first deal as a second home/vacation home? Only 10% down payment necessary. Or...