Tenant has extenuating circumstance and unable to pay rent for next 2 months (I already served him with 3 day pay or quit).  He suggested a promissory note which forfeits his security deposit as a short term bridge pa...

So I just recently purchased my first rental property a multi-family duplex and haven't closed on the property quite yet. The current landlord of the property has recently just put in a new tenant who's had a prior ev...

I have a no pet policy. I used a realtor to screen tenants. We agreed on a section 8 tenant. After submitting the paperwork and having an inspection the tenant was approved. She moved in and after 2wks my husband saw ...

Hey BP,Im about to close on a 4-plex in NE Minneapolis (my first investment property) and I was wondering what people in the area do to collect rents.  Even though I'll be living on the property and they technically c...

Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...

I was in the process of buying what I was led to believe (by seller and listing agent) was a triplex, the top 2 units were rented and the bottom one was vacant, so I was going to live in bottom and continue renting th...

Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...

I'm owning a 4 plex in Colorado Springs (CO 80906), that's my first investment property and I'm located outside of CO state. There was a tenant eviction before Christmas time in one of my properties.  After that, my P...

I had a leak several months ago, the window cap blew off and I repaired and fixed it.  Now I get a called about 1 week ago and there is a massive leak from somewhere. Either from the other window,  or from the tenants...

I have just had two applicants that one does not meet my criteria, and the second does but the situation sounds very fishy and suspicious.  They have both used my Apartments.com listing to submit an application for th...