I have a duplex that I am trying to buy for $125,000.  I will be using traditional financing for the purchase.  The seller wants me to give him 10% down and sign a contract. This is the first time I have run into a de...

What is a fair percentage to charge tenant/ buyers as an option fee that would still make the payment affordable for the tenant/ buyer but still profitable ? This may sound like a silly question,  but I just want to k...

I have kind of hit a wall. I am in the process of investing in my first 4-plex in Phoenix, AZ. I was planing to finance it with an FHA loan with 3.5% down. My dad was going to be a co-borrower and provide some of the ...

NOLO is often recommended as the place to go to learn about your state laws for rental property. I found something interesting today.On this page - http://www.nolo.com/legal-encyclopedia/missouri-termination-nonpaymen...

Hi BP community,
Wanted to run an issue by you all and hopefully get some advice.
I have 6 units under management through a local property manager. Last month, we lost two tenants due to non-payment. I had to evic...

I was the lucky recipient of 2 letters today from Indianapolis Water informing me 2 of my tenants are behind on their water and sewer bill payments and that Indiana code allows for the sewer bill to be attached to my ...

Help me out BP fam!! I rented my home to a friend(bad idea I know), and it was a pretty laid back agreement..month to month lease..no deposit..cash randomly and not documented properly...etc. In fact, I don"t have t...

Hi,

Please help my parents!!!

My parents has a house in Roseville, California. 2 Years ago, I told them to move in with me in the same area so I can take care of them. They rent their house to a tenant who is t...

Hi All,
I’m looking for guidance on the investment approach I want to take. I’d love for you to poke holes in my logic or tell me if you feel I’m making a mistake (any feedback is welcomed).A bit of quick background ...

Hello allI'm currently house hacking my first property, a duplex, and am trying to get my current tenant out. I served her a 90 day notice to vacate in July so she stopped paying me. I filed for an eviction in July fo...