We found a great deal on our first STR property in Pensacola, FL. But we realized that the country assesses x3 property tax on rental properties. We were fortunate that we discovered this before we signed, but are ver...

I think I have a problem I haven't read about... choosing tenants that are too good to last. My last two sets of tenants for our single family (I just found out about the second set today) have BOTH broken their lease...

Hello BP community.  I've been mulling over whether to do a cash-out Refi or to sell my rental property.Currently residing in Northern VA, rental property is in West Texas (El Paso).  Rental property was my primary re...

How enforceable are option to renew clauses in leases? I bought a building in 2020 and the current tenants price per square foot is very low. Their lease expires in August and they have reached out to renew. Their ren...

For large multifamily properties, if your strategy is to rehab, increase rents and refi, how do you handle this with for example 85% occupancy? Do you increase rents immediately, expecting current tenants to leave? Is...

Has anyone had to give a down payment when submitting your offer on a REO? an agent told me banks are requesting down payments.

Thanks,

Hello,I will start by saying I have a call into our mortgage lender...My husband and I are going in on a duplex with my parents who are downsizing. The plan is for my parents to live in half of it for a year while we ...

Hi all I am a rookie investor, almost finish my rookie boot camp with BP. I live in a suburb DC area in Maryland, and look to invest outside my area. My criteria are up to $70K and mainly focus on cash flow, then do B...

Just wondering how you all handle these type of situations.  In all my RI rental agreements I charge a late fee of any rent that comes in after the 5th of the month. (rent is due on the 1st). I have a tenant who claim...

Hi All,I may be looking at my first Creative Financing deal.  I have an offer accepted in the Boston area for a Mixed Use 4 unit building.  I have a couple of commercial lenders willing to work with me. Alternatively,...