I'm renting my first property in RI, my previous experience has been in MA. I typically charge 1st, last and security for a new tenant.

I was told that was not allowed in RI- anyone have experience with this...

Hey all,Does anyone have any experience wrapping closing costs and prepaids into their loan? We can afford to pay them but I'm trying to stay as liquid as possible just in case another deal comes along. So I'd like to...

should i get a couple pre paid flip phones? 

Hopefully I explain this in a way that is easy to understand.  This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...

Hey guys, I have a duplex under contract and it will be my first home purchase. As I’ve never been through this process before, I wanted to get your opinions. Do these closing costs seem pretty typical? Purchase price...

Hello BP.I have a question.  I've searched the forums and google and did not find the answer.  I'm hoping someone can help.We require tenants to prepay the last month's rent when they move in.  When providing tenants ...

Hi all,I have a tenant who is by most accounts pretty good.  He is on a month to month lease, single parent working two jobs which I really respect.   He has been late on rent one time which we worked through.When he ...

This question is for those that are able to earn commission (R.E. agents) and buy their own properties.In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my clos...

Does anyone know if it is possible to write up a settlement sheet to show a lower sales price, and "prepaid mortgage interest" as a line item. Not at all sure if this is doable but I am looking for ways to lower t...

Hello,When plugging in #s into the "purchase closing cost" section of the BP rental calculator, you can click the "cost breakdown" link on it to plug in specific components (e.g. points, taxes, hazard insurance, etc.)...