Hi, folks, I just closed on my first deal a few days ago, and I'm editing our first lease using the template given from BP for my state (Maine).  There is a section about leasees providing their own renter's insuran...

Hi, I heard Pace Morby on BP Podcast talk about wiping a person's DTI 100% after 1 year simply by using a servicing company. This scenario would be if I took over a mortgage via subject to and the seller would not hav...

I am debating on setting up an LLC for holding my Wisconsin property.  I am Looking at getting my second property sometime in the near future.  I have read that Wisconsin has a watered down version of the Series LLC l...

I have an issue with a GC on a remodeling job. He has abandoned the job unfinished and refuses to answer phone calls, txt or emails for over a month now. I sent him certified mail terminating contract for default. I h...

Hi all,Looking for advice for my new real estate dilemma. I had a tenant call me the other day informing me of a fire on the front porch. The tenant left me a message in the middle of the night informing me of the fir...

Pipes froze and now have burst pipe and had to shut off water to the house. I’m guessing it could last a week or more. Any thoughts on how to handle this? The tenant has already been without water for 2 days.Do i need...

Due to an ongoing thunderstorm a significant portion of my neighbors tree fell in my backyard ruining our summer plans.Should I just pay it myself to clean up the tree?or should I follow up with the neighbor to have ...

I am a landlord of a tenant in a condo building.  A neighbor (who has a tenant living in their unit as well) 2 floors above's window fell out and crashed onto my tenants' brand new window unit air conditioner and her ...

Although I had my rental house tented for termites before the tenants moved in, I recently went to inspect the property and found some evidence of termites.  I called the termite tenting people and they confirmed I do...

Hi, I have a few properties that I'm transiting from being managed by a property management company to being self-managed. I'm putting together a plan to self-manage. What are some of the things I need to consider? Wh...