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I am about to close on a newer 6 family. It is fully rented, but was not managed well either financially (less than 1 month security, very high water/laundry bills, etc.) or contract-wise (simple 1-page contract). O...

Tenants left the washer valves on when moving out causing serious damage when Water Authority turned the water back on. 
1) Tenants disconnected the water a week before the move-out date without informing my PM. The ...

Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...

So I got a lead on a property that I was planning to wholesale to some investors/buyers. Upon meeting with the lady and having some small talk with her and then I started talking business and started getting into my "...

Ok he wasn’t the devil, actually a nice guy. But they say there’s a fine line between insanity and genius and this guy personified that.

Basically I had lunch today with a mortgage modification expert along with my a...

Greetings BP Brothers and Sisters,

I am having a hell of a time working with a 3rd party who is representing a pair of investors, who in turn both have different real estate interests. It's really getting to ...

My tenants have been 3-4 weeks late every month since lease started 6 months ago. I have filed 4 failure to pay rent forms with District Court of Maryland. The 4th failure to pay rent form (March) was filed at the...

I have a 12-unit building and after going through a lot of leak checks, my PM and I have come to the conclusion that a tenant or tenants are wasting water - to the tune of 5,000 gallons a day (a normal day is around 8...

I posted on another LL and would like to get y'alls thoughts on the situation:I'm on a merry-go with a POS tenant. I terminated contract with PM. All tenants were by PM notified that I would be self-managing beginning...