Hello everyone,I am seriously considering becoming a landlord, and recently I started looking at the "starter" properties nearby. Found a three-unit property with the asking price of $150k, property tax of about $7700...

I will try and be brief, always a challenge for me, as it seems, once i share my experience, ask for advice, create a thread, it gets hijacked by an autoresponder claiming I am trying to solicit business in some way. ...

Hi fellow BP members,

I am closing on a SFR with a commuty center, which offers pool, game room, etc. The HOA rule says the owners should be responsible if their tenants or friends damage community property. I am not...

Hi BP family.
Quick question:
Lets say, I paid $100K cash for a property purchased under a LLC. Few months later I refi'ed the property at a slightly higher amount and the bank paid the llc back $120K.
If I use t...

My partner is a builder in the LA area and his client posed an interesting question for him that could affect financing in the future. He owns a 4 unit property in LA and wants to convert the 2 car garage into an ADU....

In a Partnership, what is the going percentage split between someone who is financing the deal and the one who does the repairs and all the leg work ? Thanks for you responses.

I have a question regarding a property. I recently received a call about a property located at Cairo, GA . The owner is asking $55,000, but it requires substantial renovations. After checking the comparable sales (ARV...

Where can I find the rules for posting, and how do I figure out which section to post in. I've read that there are rules somewhere I just can't find them?

I manage 40 units. They consist of single family homes, small multis and condos. I have tenants in class A, B, and C areas. Some of my tenants do not speak or read English.  I use a property management program (Appfol...

I just purchased my first triplex. The tenant on the 2nd floor has been there for 15 years. She signed a lease extension with the previous owner that guarantees her occupancy for the next 2 years at a fixed rent level...