Do commercial lenders have any requirement to protect the interest of their clientele? With residential and up to 4 units the lender would certainly check out your credit and financial condition before asking for a lo...

Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...

Hello All, I am looking for some advice or maybe assurance that the accountant I have been using for the last few years is actually correct with the questions I have been asking him. I reached out to my accountant reg...

Hey BP! I am just starting out on my real estate investment journey and I need some advice. My wife and I have the opportunity to buy my mother-in-law's house for a good deal. She is willing to sell it us for $250k, a...

I don't know if this is a request for some creative ideas or a cautionary tale...We just closed on an investment rental property in a rural area above Phoenix. The seller asked to rent back for a month, to close on he...

I have my first property. I’m going to put it online “for rent” this week. Any advice on questions I should ask potential tenants?

Calling all landlords,I would love to get feedback on what other landlords are using for tenant screening services. Company or service referrals, cost, pros, cons? I will be renting both units in my first duplex in th...

I stumbled upon a lawyer's website while searching for LLC information and this article piqued my interest: http://www.lonestarlandlaw.com/Anonymity.htmlIt describes a two LLC's structure designed for asset protection...

Howdy BP,Right so this is a bit of a long one but I will try to keep it brief! We have been very fortunate in our RE careers to not have any serious issues with tenants at our properties. That being said, we have now ...

I found an abandoned land lot several years ago and claimed it under the Adverse Possession law. I filed a notice of adverse  possession. I also paid 7 years of the unpaid property taxes so the parcel is now up to dat...