Since I struggled so mightily in finding information about the Pennsylvania foreclosure and sheriff's sale process, I wanted to create a thread going through the process in detail in hopes that this may help someone d...
I have a tenant who has been late with rent payments since August. He's currently paid through Sept, but hasn't paid Oct. He has racked up $360 in late fees. He said Oct rent is 'in the mail' and that he can't pay the...
Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION??I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transition...
Just got a REO property, the bank never evicted the original owner when the house got foreclosed. Cash for keys did not work. The only way to evict him legally now is go through the court systems but that could take ...
My tenant in Florida destroyed unit (duplex) upon notice of eviction. Broke windows, punched holes in all the walls, damaged appliances. Do any of you file legal action to collect or do you let it go? I have a prope...
I have been waiting on the sidelines to buy a home since 2006. I live in Santa Barbara and after 5 years of renting a one bedroom apartment frankly my patience is running out. We are planning to have a kid and need to...
I have some questions regarding tightening up my criteria for selecting prospective tenants, and weeding out potential bad eggs.
Does anybody have any thoughts on hiring a professional to administer a polygraph test...
Hello BP,I currently have a verbal agreement to purchase a home for 90k. I met with the children over the weekend who inherited the property from mom. The house has already gone through probate and they are ready to s...
Ok time for a reality check. I'm busy. You're busy. We're all busy! And we're all on BP. Some are learning from others, some are sharing their knowledge with others. But all of you are spending time here. And some of...
I'm learning some hard lessons on my second rental property purchase here in California. I inherited 2 tenants that have refused to pay rent since closing on the property in late October. In late November I served a 6...