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We have a property that a number of months ago we had a plumber that had to clean out the sewage drain lines and he took a video and pictures and the line was plugged with what looked to be industrial strength shop ...
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Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
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I’ve owned a duplex in upstate NY for about 5 years. I’ve had several great tenants over the years but most recently I’ve had complaints from the neighbors and second floor tenants (before they moved out last month) a...
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There is a catch of course, but that is normal when dealing with the IRS. However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...
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How do you proceed with abandon cars on property? I evicted a commercial tenant at the beginning of December and she signed a paper stating she was abandoning everything in the unit. She left four cars on the property...
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Hi BP Community: We've recently purchased a 4plex in South Carolina with inherited tenants. One of the tenants is late on rent and we're awaiting a court case for eviction (they are dragging their feet to try to stay ...
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I've heard recently that the town I own rentals in (Marion, IA) is saying that section 8 is a "legal source of income" and that you can't say outright "no section 8", etc in your ads.I don't like the idea of being es...
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Whether you are looking for your first or next short term rental, most of us can agree that finding the next great deal can take up a lot of our time. As time gets more valuable, it is important we are taking the appr...
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Need advice: In 2012, my mom no longer wanted her house that she bought 30 years ago. She took out a second mortgage and has been making the bare minimum payment, therefore, taking her a very long time pay it off. She...
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To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties. Draft precise agreements...