Just got a call from a tenant parent and the January electric heat bill was $1100.  In past years the highest it went was $800.   The heat is all electric baseboard with one room with under floor heating on slab and o...

Is there a way for the tenants to pay rent at a store? A couple of my tenants don't have computers and can't pay online. I will not go to the property and physically collect rent and really don't prefer mailed checks ...

I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I  had **13** solid, completed applications (not just vag...

Hi everyone,As mentioned before on another post, my husband and I bought a property through Morris Invest back in August 2016. Everything went smoothly, and there were no issues. The only problem that we had was a l...

I have 1 property which rents for an above avg $1275/mo, SFH, tenant pays all utilities, yardcare, etc.  We did a full reno 3+ years ago and have a mtg so cash flow is only about $450/mo.  So far we have had 3 tenants...

Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...

First off I hope this is the correct sub forum (BP is over loaded with sub forums)

I am wondering how many BP members live solely off of their real estate. By this I mean a person who doesn't have a job and isn't l...

Hey BP Fam, do you remember your first 10 rental properties? As a newbie REI, I would love to hear more about your experiences starting out. I've set a 10 year goal for myself to acquire 50 rental units. As a shorter ...

What's up BP Canada Family.Something some friends and I do that I've found really effective is to Mastermind regularly to keep everyone on-track, focused, and accountable towards their goals. Would love to hear everyo...

Today, I read only two blog posts on BP, and BOTH were about the same subject.  Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...