Hello,   We just had a home inspection done on a property we're in contract to buy.  It's a 14-unit building.  They found subterranean termites all over - prescription is to treat the perimeter,  drilling in and putti...

Hello BP, another obvious & dumb question that i cannot came up with the answer at the moment.If i want to know about using a "Trust" & "LLC" for property investment who do i seek?Do i need to hire 3 different...

I am a 23 year old single male looking to buy my first home using a conventional loan with 3% down payment. The home is a 2 bed 2 bath with the ability to easily create a third bedroom, which I plan to prior to moving...

My condo in Laguna Niguel CA is worth about $560,000. I purchased it for $365,000. I lived in it  during 2010 (while I was fixing it up) and then rented it starting in 2011. After 8 years my tenant has given notice a...

We recently finished a 1031. I am just curious if anyone knows what happens if in a 1031 after you ID properties/go into escrow what happens if you are below the number you are suppose to hit. Obviously we went over b...

I recently bought a 1925 quadplex out of state... it has a lot of deferred maintenance including ‘some’ wood siding repair. Turns out the studs on the back wall of the building were all damaged by termite. My contract...

What is the most common way to inform a rental applicant that I won't be choosing them?

In my area there are multiple fourplex units for sale at good prices. The only kicker is the neighborhood is a little rundown and known to be rough and tenants can be shady.  Does anyone have any experience with this ...

Hello!
I have a property in Maine with a 3-story outdoor staircase behind the building. This is primarily used for tenant access to and from their units, and has very little actual deck-space. 
The staircase is simi...

Hey BP,

I have another newbie question. I own two, newer rental properties in WV. I will be relocating to Charlotte, NC by the end of 2014. I would lose money if I sold the properties and neither of them ar...