I'm new to the rental business.  How do you all handle pets and smokers?  Allow or Not?  If not, how do you ensure rules are abided by?  What would be the penalties if you found they weren't abiding by the rules?  If ...

Hi all,I'm under contract on a single family and I will be inheriting the tenants.  A husband and wife, and two daughters have been living there since August 2017 and they take great care of the house. They want to st...

Hi BP community!My wife and I are purchasing a duplex in Atlanta. One side of the duplex has tenants that might stay after we close, the other side is vacant. We're moving into the vacant side and have two dogs, so we...

Hi All,Well, thanks to this blog, I decided it was time to dump the negative cash flow condo by the beach for a 7 unit multifamily that will cash flow about $100/ door with the under market current rents.  I just clos...

Ok, so as the day approaches where I take all my research and finally start making offers, I have been putting together my team for my BRRRR goals. Everyone is at the starting line except my investment-friendly agent....

Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...

I bought a 3 family apartment about 5 months ago. When I purchased it the house the 2 townhouse units (2west and 2east) were vacant and I had a tenant on the first floor apt which is a 3 bd unit with a little over...

I've been having a big problem with tenants in Detroit. They move in and 2nd month don't pay. They know the system and stall court hearings and end up staying in the house free for months. By the time I get them.out t...

So, something has always bugged me a little bit reading these forums and blog posts. If someone is self managing a few MFH, why does everyone seem to feel they have to run over at 3am to deal with a clogged toilet? W...