I will enter escrow on Monday and recently viewed units and noticed that two tenants have dogs and the owner currently has a no pets policy. One tenant tried to hide that they had a dog but the unit had a pet smell an...

I'm sure the answer to this question will vary by location, but here goes. We are under contract for a duplex with an additional carriage house apartment in Louisville, Kentucky. This will be a live-in flip, and we p...

My partner and I purchased a duplex in Phoenix, Arizona about a month ago.  It was being wholesaled at 102k with both rents equaling $1300 a month.  We closed on April 18 and the rents for the rest of April were pro-r...

Any advice for a rookie looking for his first deal? I am trying to play by the investment rules and weigh all numbers.  But in this market, not many deals, it seems.  I'm getting impatient  and afraid I'll make a bad ...

Things are flying off the shelf in Rochester NY. This is definitely an early start to the spring market. We're still at 36 degrees and buyers are flooding to the market. The market is being pushed, and it is sel...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

Are you afraid Tenants will trash your rental?Tenant won't pay rent?The economy will turn and your rentals will sit vacant?You've over-extended yourself financially and the next problem will wipe you out?What keeps yo...

We are thinking about renting our 3 bedroom apartment to a family (2 parents and a 20 year old child).  The family just sold their house and received approx $200k from the sale.  Seems like they moved out due to finan...

Hey everyone.  I have a tenant that I need help with.Husband/wife, 4 kids.  Moved in about 6 months ago.  Month-to-month tenant.  Made some demands, I met them. Everything seemed great until St. Patrick's Day, I get a...

Background: This was one of the first rental properties I purchased, so I made every mistake underneath the sun and I am still dealing with the consequences. I purchased this quad for $247,000. It is in Columbus, Ohio...