(We're in Seattle.)This is my first post on BP!I'm closing on a triplex on July 31st that currently has tenants. The tenants are all month-to-month but two units only have verbal leases. Repeat: NO written lease. We w...

Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...

Hey BP, here's a scenario that poses a number of issues and I'd like to get an opinion on how it might be dealt with. There are several issues arising here, so the problem will require some skill to resolve.

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Need some advice, please.We have a lot of Hispanic families in my rental neighborhood, but they rarely apply for our units (not sure why, except some Craigslist ads do advertise that they speak Spanish), so I don't ha...

Hello,Did a quick search and didn't see anything like this similar so here we are.I am currently under contract to purchase my first Duplex in Mid February.  Its a corner lot with both a shed and a carport.  The quest...

I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.

My down payments with HMLs comes from...

Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it.  Doing some reading and it suggests creating a promissory note set up properly so I c...

Ok, I’m on my phone and just too lazy to search all the past forums. I want an indoor paint color that I can put in every room, in every rental that I own. You know the routine. Easy to touch up without needing to mat...

I’ve recently read @Joe Fairless' awesome book The Best Ever Apartment Syndication Book, with the intention of getting more active in multifamily apartment investing. It is literally a thorough step by step process of...