Hello all,When one receives private funds from say two different parties 50k each to buy a 100k property for example.  Friends and family will say are the investors.  Does this need reported or claimed anywhere for th...

I wrote about this topic the other day in my blog and would love to hear people weigh in.I understand some locations do not allow you to accept partial rent and still continue the eviction process. However, if you CAN...

Renter here.
Facts:
New tenant is spouse of existing tenant. I know doesn't matter, but still...
Existing tenant, 3 years, no late payments, obviously qualified on own income
New tenant does not have an SSN. Has S...

Hi, I was talking to a lawyer about drafting up a lease / rental agreement for me.He quickly suggested it is a good idea to setup a LLC, he said it is going to be $2500.   He said then the tenant can't find out who I ...

Hey Everyone, I've got a decision to make.   So I have a Housing Authority(Section 8) tenant that is stating they do not have any hot water.  I've had someone from the state & a plumber go out & confirmed ther...

Hi all! I'm a beginner in the Chicago area and I'm just learning the ropes around REI before purchasing my first rental property. I've seen a lot of properties that have finished basements that could be rented out for...

One of my current tenant is behind on rent. They were injured on the job and have a pending worker's compensation claim. But they have not paid previous months in full and nothing for current month. I have doubts that...

I have very recently completed a 1031 exchange. I sold a property in the Bay Area (California) and purchased five replacement properties in Florida. One week after completing the exchange Marion County, FL, contacted ...

Hi everyone.  Need some advice from lenders as well as experienced investors.  I am getting ready to choose my lender from several I spoke to.  Should I choose only one lender to qualify me or more than one?  How will...

Hello BP friends,So, I found a good deal and I am about to purchase a property with a tenant in place. I am concerned with the lease that is in place. I haven't seen it yet. The house looks good and the tenant seems t...