Hi BP wise ones,

Things, unfortunately, have hit the skids with the tenants I rented my 3BR SFH to in Lansing, MI. On-time payments led to lay payments, to segmented payments, and now no rent paid in Dec. and...

I won't go into too much detail because the details are not in stone yet and I have no numbers to use. I figured innovative strategies made sense as a place to post. If there is a better forum feel free to suggest.A c...

Would you accept a tenant for a $2,150/month rent with the following situation:- They own 2 restaurants so it is hard to verify their actual income VS the company. They have shown me tax returns for the business. - I ...

I have a California short-sale approved.  The Sellers owes $550k on the 1st.  $150k on the 2nd.The first approved an offer around market value (around $300,000) and $5,000 in relocation funds and $4,000 to the 2nd.The...

It's my first time helping my parents with tenant screening and the demand for rent has been great. We received over hundreds of inquiries. There is definitely more demand than supply in our market. Unfortunately, mos...

I am new to managing properties and only managing this one.   I have three properties and one is local and I inherited this tenant from the seller.  first month she paid on time with zero issues.  The previous managem...

I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent. 
I provide a...

One of my rental properties in Kansas City is managed by a property manager.  My recent monthly owner statement included a $443 charge for replacing a kitchen faucet.  Seemed excessive to me so I got a breakdown of th...

Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...

Full disclosure: this long drawn out situation is over, but it is still worth sharing so other members can learn from my blunders.  I rented out an SFR to a corporate leasing service (they rented out the rooms on thei...