Dear BP, please help! I am a brand new investor, and just closed on my first duplex today in Wisconsin, which has an existing upper tenant. The tenant had a verbal agreement with the previous landlord, of $500 per mo...

I have a single family house with solar panel installed in California. So I have to be the one on the bill for the solar generated power. As far as water, tenants told me she signed up with the city to take over the w...

Who should I contact for help in structuring a seller financed deal? Situation: I am the buyer. The seller (two brothers as a partnership) has a mortgage on the property and let's assume they only have 20% equity in t...

I had a tenant who I also knew personally for years ( I know big mistake) She has been a pain from the beginning. Never paid her entire deposit, owes late fees, had unauthorized pet, did not take care of appliances an...

i closed on my first rental yesterday. the previous owner has lived in the house for 32 years. i ran title and agreed on settlement about two months ago. i need to mention the previous owner met a girl online a...

There seems to be a general assumption that longer occupancy durations can be achieved by using fixed-term leases (e.g. 1 year) as opposed to month-to-month leases. However, despite spending quite a bit of time on Goo...

Was supposed to close on a 4 plex Friday 3/20.  Final closing docs were late getting out to me but were signed on 3/19 evening and shipped the next morning.  Disbursement date on the docs was 3/20.  The docs did not a...

Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?  

Who can boil down the speediest eviction scenario in Cincinnati (Hamilton County, Ohio)?I am in my 6th month of owning three multi-family properties in Cincinnati (64 units total). Due to distance in the area, 1/3 of ...

So I have this property in a D neighborhood (Ybor city, Tampa) and I have a management company managing it. The tenant paid the first and second months promptly, the third was late and the forth which was supposed to ...