I have recently listed my first rental unit (a LEGAL/permitted ADU in Utah.. many basement/in-law rentals here are definitely not legal/permitted) and am trying to pre-screen inquiries BEFORE scheduling showings with ...

My current apartment offered me a new lease for 2,032 and I’m having trouble coming to terms with paying this amount for rent. My income after deductions is 70k and my wife’s annual income is a little over 50k. We bot...

I'm under contract for a 3 unit, the owner wants to stay on as a tenant and is willing to sign a lease (initially the property was advertised as owner would like to stay but not required). I'm ok with this as I figure...

This is the most basic budget question.  My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year.  This gives a really good place to start for a budg...

HelloI could be missing the obvious, but I cannot seem to find much information on calculating the return and benefits of debt pay down on a rental property.How do you assess the benefits of improved equity or increas...

So this was the last day of a fitness/slim-down challenge my extended family and I have been on since January getting ready for a wedding.
This was a SMART (Specific Measurable Attainable Relevant) goal and had a pos...

My BP Landlord Community,

One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...

Hi BP,
This one is for investors that had purchased properties in last 2 years. How are you guys preparing for a possible market collapse?. For example in my area I've seen SFH the were sold in 2012-2013 for as low as...

Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...

I mailed 500 yellow letters to out of state property owners.  The mailer should have arrived in mailboxes around 3-4 days ago.  So far I have received 2 call from the mailer.  I used a standard yellow letter.  No modi...