I purchased a hoarder home back in Nov of 2019. It was packed and as you would expect, was so full there were 'trails' through the trash to get into each room. Two 30-yard and one 10-yard dumpster later on a 1100 sqft...

Hello BP, My tenants want to add 5 more months into the existing 12 mos lease. Their current lease will end in 2 months. They are very good tenants. I was planning to let them rent until the end of their 5 month reque...

I am now requiring tenants to carry renters insurance, and I have only had units occupied by one tenant each. However, I recently approved two unrelated people to live together and they asked if each of them needs to ...

Hi all!I found someone that is willing to sell a triplex that is fully occupied. (link to deal specs below) The asking price was $185K, I countered with $145K because that was what I felt comfortable with looking at t...

Im new to wholesale and Im not sure what contract(s) I should use for my deals.   Are there other documents I will need once the deal is struck?  Ive sent out my first mailer and am hopeful, but I also want to make su...

Dear BPers

After I reviewed prospective tenants' applications and decide to work with them, what is the most logical next step? Signing the contract with tenant and ask tenants to pay the deposit, so that I can take ...

I am in the market to purchase a hot tub for a 5 bedroom cabin. I am new to the short term rental hosting game but was curious if the 5-6 person size would be the most logical for this size of cabin.I appreciate any i...

Anyone care to share theirs? For a tenant that doesn't have enough income, but who's parent is willing to supplement and guarantee?

This is scheduled to go before the City Council for a second reading on May 16 and then the Mayor will sign it into law. We estimate it becomes effective around June 16.
Highlights (all page number references relate...

  We currently own a small portfolio of properties. I would like to 1031 my half or sell the properties, If  brother does not want to sell what can be done.  We are currently updating the operating agreements, I think...