Scenario:
I have a tenant-buyer that has a 2 year option to purchase the house at a given price. They choose to file that option at the county courthouse. The option is contingent on upholding the terms of the lease a...

How do you handle rental inspections?  I'm starting to get weekly call about this and that so I want to see for myself what's going on there.  How much notice should I give?Can I take pictures of the house? I'm having...

I'm excited about the idea of starting my journey as a real estate agent in January 2024. As a college student, I'm mindful of my budget, so I'd prefer not to pay fees for the entire year of 2023 when I'm just getting...

In my lease The section about all of the fees it states there's a $25 charge for all notices to be sent.Here's a copy :Additional Lease terms: (1) Late payment fee of 5% of the monthly rent becomes effective three (3)...

Hi Everyone, Couple of months ago I got involved in a short sale. The broker gave us a BPO of $140k. Suggested I bid 120. I bid 110. Couple months later the bank came back with their appraisal of 170. Broker said thei...

Hey BP Community! Thanks in advance for reading and any comments/opinions.
I see an opportunity for a deal but am pretty confident that it does not make sense. In general, I am looking to buy and hold and rent out pr...

I’m writing here regarding wording for a tenant. We have a tenant who has generally paid on time, but she lives in a duplex and is rude, aggressive, and disruptive to us as well as the other tenant. The other tenant s...

We are looking at putting in an offer on a short sale that is going to auction in 2 weeks. The agent is requiring us to sign a clause that says no matter what, we are not allowed to back out. This is the exact wording...

Top 8 Things to Make Rental Inspections Less Painful in MichiganUnless your rentals are in an area that doesn’t certify properties, we all face a rental inspection at some point. Experienced rental property owners ha...

Hello BP community,     I'm looking to get my first deal currently. There's one I have my eye on that might be a good candidate for seller financing based on my conversation with the home owner. Does BP has a general ...