I am closing on my first property and received some valuable information from the general home inspector. I am looking for feedback on whether any of these key issues are serious enough to get out of the contract. I h...

Hi,  My tenant's water usage is normally 60 - 500 gallons per day.  I just looked at my bill and the water usage has been 3,000 - 7,000 gallons over the last few days.  I called the tenant immediately and asked what w...

Hi everyone, I have a five-unit building; there appears to be a water leak somewhere (the water bill is over $300 where it's usually around $90). Apart from broken toilet flaps/faucets, I'm assuming it's somewhere in ...

Anyone have experience with purchasing a vacation rental during a pandemic like this? Any current experiment or previous experience with vacation rentals and having fluctuating times throughout the year of being rente...

Hey I'd love to hear a synapsis on a pre-foreclosure or foreclosure that worked out! What were the numbers, how did the deal come about, what came up that was unexpected, and what was the payout? Looking for inspirati...

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Hello Friends, I recently became a landlord, so still learning all the ends and outs. But trying to be the best landlord I can. My tenant just let me know her son was in the attic trying to get something they were sto...

Hello Wise BP community,I have checked the rent comps (Rentrange, city-data, Zillow, etc) in the area and the numbers do not add up as suggested by the realtor.  The realtor says the seller has "potential" renters who...

Hi BP nation. Im looking for a little advice as im about to close on my first Multi-Family. The 3 unit home has only 1 hot water heater. The units each have separate gas/electric but not water/hot water. The hot water...

This would be my first investment property. Here is the quick rundown; Renters beat it up a little bit (roughly 20k in repairs that I will do myself), mostly cosmetic and then quit paying their bills so the owners dec...