My tenants have been in the unit for 4 years and they're moving out soon. The walls were professionally freshly painted before they moved in and now they're thrashed. Every single inch (or it feels like that) of the w...

I own a 4-unit Rental Property in Los Angeles city that is covered under LA RSO (Rent Stabilization Ordinance). I have one tenant that has been there for 10 years so their rent is very low. They love living there but ...

 Looking for some insight on a few things before starting construction on my first rental property! Area is not a high end area by any means, all units don’t have laundry as well as no centralized air. Trying to add v...

I offered a 4 year lease which has 2 years left and now I’m trying to get out of it with the least of problems. The tenant is excellent, they pay on time and keep the house in a good condition, except that I suspect ...

Ive been working a deal on a FSBO for months. I was purchasing a house in need of repairs for $10k under appraisal value. Most houses in the area are going for over appraisal. The underwriter requested several costly ...

I went under contract with my seller. He hasnt paid the mortgage in a few years. His statements show he owes 262k so we go under contract at 268k since all lis pendens were dismissed without prejudice. I find a buyer ...

Hello everyone, not long ago I was reading a BP forum about screw ups and it was both entertaining and learning. I hate to say but one of the best ways to improve one's knowledge is by learning from other people's mis...

Currently looking at two properties that are both apartments
One is a 4 bd 2 ba for 460K for 82 days on market
the other is a 10 bd 10 ba 650K for 19 days on market
These are both for sale by owners, so the quest...

Hey all,I am considering buying a multi unit 1950's constructed cinder block apartment building and wanted some advise.  The electric is knob and tube which is the major problem with cinder block walls.  The second is...

I am currently in the process of evaluating a deal involving a home that has a balance of two mortgages totaling 61k. the previous owner took out a second mortgage to pay off all of his toys. I find with all the defer...