“The True cost of yield”Was the l captured off the g-chat window with my brother, after whining to him about some $hitstorm I created for myself, and had no one else to blame but the muppet in the mirror.  Long story ...

I just picked up two more cash flow Note both on houses in Toledo Ohio. I'm excited about it . We got  good equity positions to protect our investment and strong cash flow for the next 18 years. 

Hello BP,I recently closed on a 5 unit property where all of the units are way below market.  With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...

This is in Texas.I have a situation where some domestic violence has occurred and the wife has told me he trashed the house.    I contacted him today and told him I was coming by for an inspection tomorrow.   He has n...

I'm preparing to show an apartment to several potential tenants tonight and I'd like to run credit/background checks on anyone who applies.From the services I've explored, it seems your average suite of reports comes ...

I am looking to buy a fixer upper. I’ve been seeing some options come through a wholesaler that are multi family and some are rented currently. I would aim @ renovating the property and increasing the rents. My girlfr...

I currently have a rental that is about half way through its 2 year lease. The current lease is for $2,350 a month ($100 below market at the time for a 2 yr lease) but a similar property recently rented for $2,600. Ba...

I know that when a new tenant offers to pay upfront its a red flag. However, for an existing (good) tenant anyone ever consider offering a plan where rent can be paid in advance in return for a discount?  I am in soft...

I have two rehabs going on side by side. My main contractor doesn't have the resources to complete both projects at the same time. This forced me to hire a second guy. Initial conversations went really well. He was a ...

A poster yesterday or today was asking about the bad side of the rental property business: damage, lawsuits, tenants from hell, etc.

I spent much of my d...