I’m sure we’ve all seen many videos of ceilings collapsing, pipes bursting, and flooded floors coming out of Texas. Considering the uncertainty with the power grid, climate change, and likelihood or unlikelihood of t...

I have a rental property in Philadelphia and the tenant was late with rental for 2 months, we decided to evict the tenant have a court date at beginning of next month.now we received a large water bill for last month,...

Hi BP,I am getting ready to close on my first 8 unit apt complex. I would love any and all advice as to what to do now in order to make this a seamless transition. For example, I've read many say they send a letter wi...

Hello everyone, Currently I have a PM managing a property that I own out of state. It’s been two months and I’ve yet to cash flow. With management fees, fee for finding a tenant, and the miscellaneous tenant calls, I’...

I am currently looking into a duplex that unfortunately is not separate metered and has electric baseboard heaters. As anyone who lives on Ontario, Canada will know energy costs are now extremely high and it's real...

Hi all,I want to share a story about the importance of having working carbon monoxide and smoke/heat detectors in your rentals. A friend of mine has a single family rental occupied by a mother and three children. He r...

Say a tenant breaks something that they are on the hook to pay for.  In this example, let’s say their kid flushed some objects down the toilet that requires a plumber to fix.  As the tenant is expected to pay for the ...

I looked at 2 quadplexes this week and both had the utilities split (i.e. gas and electric paid by the tenants) but the water bill was paid by the owner. meaning that there was only one water meter. 
is this the norm...

As I do research on owning rental properties, I'm trying to figure out how so many of the rental property owners in my area are managing to make a profit while offering free heat and water to their tenants. After doin...

I have a client who owns a four-plex in Washington, DC. He wants to eventually sell it. The last tenant left a month ago, but there was a squatter in one of the units. Police were called but they wouldn't do anything ...