I inherited dream tenants and it is time to renew their lease. On their original lease, it states they will be charged $200 pet fee for EACH pet at the renewal of the lease. (They have 2 dogs) Does this seem steep? I ...

Hi,I had the fortunate event of having Eddie Speed frequent my portrait studio this weekend.His son had mentioned, to me, his famimly owned some land on North Texas during our photoshoot. Once I met Eddie, I mentioned...

Hey BP,I'm considering starting a property management firm that will only deal with my own rental units. This company will not own the rentals, because I do not want to trigger the Payment Due on Sale clause in the mo...

(Sorry for all the M's in the title)
Fellow BP-ers,
An OM crossed my desk which seemed promising, a 9 unit multifamily which had decent cashflow and the numbers would work at a slightly lower offering price.  Howeve...

In the town I invest in, the Water Department will send a bill to the tenant, but the understanding is if they don't pay, the owner is responsible.  I've noticed most other landlords in my market pay the water bill, r...

Hello BP,

Yesterday 1/12/12, I got a 6plex under contract in southern California. Four 2bd+1 and Two 1+1. Owner is financing with me putting 30% down. Building is currently fully occupied. What documentation should I...

Hello!My husband and I are negotiating what could potentially be an awesome deal for a 6-unit rental property. Obviously there are a lot of financial aspects to this decision that we are working through, but I have a ...

Through my contacts in the Airbnb world here in Denver, I'm hearing a lot of complaints about the city cracking down on basement unit and carriage house short-term rentals. I've heard of three distinct scenarios:-- So...

Over the course of the last couple of years I have learned a tremendous amount right here on BP and I've realised that I haven't been particularly active on the forums. I guess that's partly because I don't feel I hav...

Hi everyone,I wanna ask how you guys insure your real estate and what company to insure with,I have 3 duplexes and 1 fourplex ,just got off the phone with progressive with a shocking quote, wanna ask how much on avera...