Hi everyone! Brand new to BP. We are in contract on a property that has 2 houses: a 3 bed 1 bath "main house" next to a 1 bed 1 bath "apartment" which both have existing tenants. We close on July 1 and have sent...

My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...

At the end of a one year lease, does it make sense to offer them a lower increase if they choose to stay on month to month, and higher increase if they sign a new one year lease (since they would be "locking in" the p...

The ink has dried! (long post alert lol)
Dec 23rd, my partner and I closed on a 6 unit building in Allentown, PA!
RE Investing is a marathon, not a sprint, but it's been a muuuuch longer marathon than I initially i...

One of my loans was taken over servicing by Shellpoint. Since then it's been a pita for the last 6-8 months. Essentially my taxes suddenly weren't being paid and they subsequently lowered my escrow payment. I initiall...

I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...

Hi All- I am looking for some advice on a tenant issue I encountered this weekend. A little background first. I own 4 rental properties in a college town and rent to the students who attend the University. I have yet ...

New landlord here in Colorado, rented out the previous residence. Today I delivered the keys to the tenants who relocated from another state. He told me that he really liked the neighborhood and he would look for hous...

Hello all!

I am writing from Wylie, Texas where I live with my wife and 3 kids. we recently moved from Dallas, to get away from the inner-city feel. My wife stays at home and homeschools our 3 kids. I used to work co...

I am selling a single family home in Bellevue,  NE in which the tenants refused to allow showings,  shorter notice showings, and lock boxes for the last 30 days of their lease.   In the lease they're are stipulations ...