Hi BP Community!  First post, long time follower (sort of)!Here's my question...  My wife and I are in the process of looking to buy a 2-4 unit MF property in Westchester County, NY.  Our intention is to Owner Occupy ...

Hi all. I received a message from my tenant that she would like to add her boyfriend to the lease. I'm not sure the best course of action and whether it is specific to state or just preference. This is a SF home in Ho...

Our tenants’ lease just renewed in May for one more year. Just after it renewed, we found out that there are two unauthorized occupants, both with misdemeanors and additional pets. We asked one of the tenants to res...

My tenant moved in about one month who has been having her boyfriend staying overnight every weekend since week one. In my lease, it states "Residents may have a single overnight guest for no more than three nights pe...

Last summer I rehabbed a house and finished later than expected. I listed 2 months late and missed majority of the buyers. I leased it out for a 12mo. lease on Aug 2011 - Aug 2012. The main reason I leased to these pe...

I found a duplex listed at $95k in South Dakota that needs quite a bit of work. New roof, siding, balcony, both kitchens and both bathrooms. It's currently 4/1 top, 1/1 bottom. The bottom unit can be converted to a 2...

If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain?  Would the rental p...

There are numerous ways and strategies to invest in commercial real estate since there are many asset types (office, industrial, multifamily, retail, etc.) in the sector. Investing in commercial real estate is a comp...

Hi all,Had a tenant request to temporarily move in her sister and what the process was for doing that. The apartment is in Rhode Island and  3 bedroom apartment. I have two adult parents living there plus 4 children, ...

BP, I need your thoughts with an issue. In short, I have 3 female roommates where one has been there for 3 years (before I owned the place), one has been there for a little more than a year and the third just moved in...