Hello BP friends!Just curious how can we structure this one. My mama is preparing for her retirement, she's passing to us (me & my sister) a newly renovated house that she just bought. The numbers looks good in ex...

Hi Guys,I have a Section 8 tenant who I fear may over stay past their lease. I'm looking for contingency strategies on how to manage the situation. But first the background:- Acquired 3 Flat Building in Cook County  F...

Hi Guys,Got a lead recently, and I wanted to have your opinion on certain things. On the tax appraisal district, the house is listed as a 820 ft2 2/1. The seller told me that an addition was done and that the house is...

I give specific instruction to my guest on which parking spots are reserved for them. It's a condo complex so assigned parking with numbers painted on the curb. The guest pulled into what she thought was the correct s...

I'm interested in buying a vacation rental in the Miami area.  Can anybody recommend a vacation rental management company who could talk to me about the market for vacation rentals, areas to buy in, reasonable expecta...

Has anyone started inserting language into their leases re: prohibition growing marijuana plants AND manufacturing dabs/wax?I need to add some language to our leases & hoping some other landlords have pointers on ...

I was wondering about people's experience with renting these houses. Do potential tenants in the main part of the house get turned off by the fact that someone else will be living in an attached apt? Do you need to of...

I'm currently reaching out to private owners for the opportunity for an off market deal. Assuming me and the potential seller reach an agreement on price over the phone or by email, what type of document or form would...

Good evening BP,I started a new LLC for my buy and hold properties and I'm trying to figure out how I should "properly" fund it. I opened up new bank accounts under the LLC and want to move funds from my "personal" ac...

Hello Biggerpocket members, 
I have a question regarding foreclosure sale in Michigan. I understand that the redemption period is usually 6 months (depending on the status of house). 
(1) Can the buyer renovate or f...