A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...

Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...

I am renting out a studio apartment, the majority of applicants don’t have credit at all. Would any of you landlords out there rent to people who don’t have credit at all? What else can I take into considerations besi...

As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...

So I had new tenants move in the last week of July. They paid their first week of rent of rent upon move in (first mistake I should have requested the entire month of August at that time!). Then, August 1 comes, no r...

Hi everyone, I need your help. I have a property in Dallas and we let a property manager manage the property. 2-3 Months ago the property manager found a tenant, did a backround check and told us she is ok. First mont...

I located a property that has a note for 140K. The note holder, an out of state financial company is eager to sell. The house was condemned by the city. The judge has given until March 28 to begin repairs or the house...

I’ve seen many posts here on BP that mention training your tenants. Although I seen tips here and there, I haven’t seen any training doc or lists. Since I just closed on my first unit (yay!), with inherited tenants...

I have posted before regarding my problem with my investment properties (see: Is it possible WAMU will lower my principal?) . I took the advice of this group and immediately put the property that has the best chance ...

Tenant with good history wants to vacate a SFH rental 2 weeks early.  He has paid the last month rent and is currently not asking for any money back (initially he did but I said no).  As I understand it, he simply wan...