Hello!Thanks for looking!I've got two scenarios I could use a little advice on;1- I had a tenant leave after threat of eviction, they owe about $2,200.  I have lots of documentation, mostly text messages.  Should I ta...

I plan to open a checkbook account for each property. Please advise best banks for this. Per web search recommendations: Chase, BlueVine, LendingClub, novo, nbkc bank.This is my first BP post. I close on my first prop...

Which evaluation rules do you use to quickly assess a multi-family's (2-4 units) suitability for a closer look? It seems to me the 50% and 2% rules wouldn't be applicable because of the multiple unit factors for some ...

Hey BP - I hired a contractor for interior drywall and interior/exterior paint back in February. I've had issues since day one with quality and finally finished the interior. He then subcontracted the exterior paint t...

Are you proactively managing your property or is your property starting down a death spiral?Horror stories abound about the problems first time rental owners’ encounter managing their properties. The problem gets wors...

Hi BP,Curious how others handle this situation? Tenant A was the main point of contact and main individual who made rent payments, communication, etc.  Tenant B lived in the house and was on the lease as well.  Tenant...

Hello guys, I need your help on this deal, any advice will be greatly appreciated.I am living in TEXAS Killeen area, I own a 4plex, I live in one unit and rent the other 3 temporarily (15 or 30 days rental, fully fur...

Hi all,I'm finally closing on my first home, a HUD owner occupant SFH next week, but my agent is telling me that they won't give me the keys to the property after closing. I will have to rekey the property.Is this nor...

I'm looking at purchasing a property with some foundation concerns. Looking at roughly $500o in repairs to install a dozen piers according to a contractor.

Has anyone purchased properties with these issues and what t...

Hi BP community,
I'm hoping some of you can give some input...I am all set to close on my first SFR in Jacksonville, NC. I live in NY right now so buying my first property out of state was definitely intimidating but...