I feel bad for my tenant of four years, they take care of the place and pay rent pretty timely.  His truck got broken into recently and $2,000 of his tools were stolen.   Insurance covers the truck but not the tools. ...

I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...

I live in Washington State which is very tenant friendly.  I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...

Hi BP community! Can you reuse your VA Loan if ? You converted your mortgage to Conventional loan? 

Hello everyone,
I have a property located a little ways outside of the DFW metroplex (east). It is a duplex. I am having problems with a tenant, and their heating/cooling. For context, this duplex was built in 1900 a...

Hello All,

I just mailed the first part of my 6 month long direct mail campaign to absentee owners in three local towns. I sent out 500 “yellow letters” out of my list of 922 to start and received 36 calls so fa...

I’m in the process of purchasing a property via a wholesaler and we’ve scheduled the closing at a title company I’m familiar with. I was just made aware that the woman selling the house has “dementia” (I don’t know ho...

Hello everyone!
In the past couple years short-term rentals have exponentially grown. These short-term rentals come from platforms like Airbnb, Vrbo, and a number others. Do you think this is a good method for inves...

Considering a potential tenant for renting SFR 3/1. Only problem is they have 5 pets (2 dogs under 40lbs and one small ~13lbs plus two cats). The property has a huge fenced in backyard and that could be big draw for t...

How does property management work?