Hello, I'm currently pursuing a refinance and also have a balance with the IRS for 2019 tax, being paid under an installment agreement.  The lender has requested a payoff statement from the IRS.  I contacted the lien ...

REAL ESTATE PURCHASE AGREEMENTThis Agreement shall become a binding contract between Buyer and Seller effective as of the Sellers Acceptance Date.General Information. The following capitalized terms and phrases have ...

Hi BP,Looking for some guidance here.  I rent to a blended family when I first screened them I gave them the green light because one spouse had good credit the lady and the other spouse had good income the guy. They b...

BP,I have a tenant that moved into a property Jan 2021. I did not raise the rent at the one year mark. The rent is $900.00 a month for a 3bed house. Rents have gone up drastically and after doing a market analysis the...

Hi,I am an out-of-state investor and have a rental property in Jacksonville Florida that is managed by JWB, a local property management company. The renters have lived in the property for 2 years now, and we have a lo...

Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November. 
- No new lease was signed.Two questions (on...

Hello everyone, I have my friend, also realtor, emailing all the expired MLS listings in our area.

My question is what type of mailing campaign works, this being my first run at serious marketing, I was thinking of...

We are currently working a deal to purchase a home. It has current tenants, which we are not concerned with, but it also provided them an option to buy until 12/31/2020.
This additional clause was added to the lease...

I have a good lead on a building with 16 units, Section 8 housing.  Small, rural town near my hometown.  We already own a 24 unit, non-section 8 and have turned around the tenant base from not-so-desirable tenants to ...

Hey BP,So I wanted to gauge everyone’s to-do list as to what you guys do right after finding out that you might have a potential property as an investment.I believe I have one and here are are what I think I need to v...