Hi BP,

This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.

Thi...

What are some efficient and convenient ways to collect cash rent?
I have renter that was supposed to send me rent through cash app when we started the lease, however he was trying to say he couldn't get the app to wo...

What would you folks do as landlords. Tenant just moved in last month. Gave full deposit and first month's rent in advance. Upon moving in tenant pointed out the hot water heater was not working. This was verified to ...

I’ve been watching the markets for about 2 years and it seems to me we are about to see another correction like we did in 08/09. I just found a triplex with a storefront in a nice town but I am worried about getting i...

Attorney won't return deposit!

Hello everyone,

Buying: I have been reading for long time, and finally made my move last month. I placed several bids on a townhouse, and finally got it for 123k. 6k needs to be pa...

Hi,
I have a tenant that moved in on August 16th; before she moved in I sent her a text telling her I would prorate the rent in September and that she had to pay a security deposit + one full month's rent to move in....

I hear the advice pretty often that you want to stay away from D neighborhoods, but if you're hiring a property manager anyway, why  does this matter? You won't have to visit the property anyway, so as long as the num...

Hello BP Community,I gave my house listing to a relative that is a rookie.  Long story. No, cant get rid of him. He is under an experienced broker though. And I must say I have been very detailed so far; however, I am...

I'm looking into lending a condo owner about 22k at about 10%. The note would be backed up by his condo, which I haven't been able to see the inside of because it is currently in litigation. The person living in it bo...

Six months went by and I still didn't buy my first rehab project.   I'm looking to purchase in the Orlando area in Florida.  There are homes for 30-60K I see online and the resale could be 85K on the lower end in some...