Back in the days before I heard of BP, I bought a condo rental in CA (did everything wrong, didn't even run numbers, by pure luck it cash flows).  I needed a tenant right away so I stupidly rented it to a smoker.  She...

Hi everyone,Situation:My aunt managed a property ( house rental) that she owned with both my parents in San Jose. My aunt recently passed away. Now since the lease was in my aunt's name, the tenants are claiming that ...

hey i'm looking to bounce some questions off local property managers in the area but i don't see a subthread for the topic. just curious how fees are assessed ie; i know the norm for a property management is usually 1...

My brother flips/rents full-time and I have been helping him on the administrative side of things-- managing his leases, finding properties, etc.  My husband and I are interested in real estate and have 100k that we c...

My business partner and I are purchasing our first rental property (single family) and we're trying to understand if we need an LLC, or if there's another route that allows both of us ownership along with protection f...

Hi BP,Looking to buy the first multifamily in San Diego. House hacking and potentially doing long-term / short-term rental.What's a good area to buy around 700k - 1M with good cash flow? Is there any regulation to pay...

Hi everyone! I'm doing my first deal without the help of a Real Estate Agent. Can someone explain the process. I am the buyer and the deal is in Milwaukee. For example - where can I get a proper offer document? Do I n...

One of my tenants stopped paying recently. My PM suggested that we not start the eviction process right away, because he might get himself current and eviction can be expensive.

Well, you all know how that worked out...

From what I have seen it seems that velocity Banking is quite controversial. 
I understand from a savings aspect that it won't be much of a difference to use a LOC compared to an extra mortgage payment, but is there ...

Hi everyone, I have a property in Swannanoa that was affected by the hurricane. I have Proper insurance, tailored to short term rentals. As many STRs in the area, I have been dealing with cancellations and loss of rev...