My lease is up March 2020, I’m prepared to purchase but looking for input. I have 2 options: A. Buy a townhome in my current area (Naperville, fairly affluent suburb near Chicago with great schools) or B. Buy a small ...

In a book I was reading, the author made a point to say that calling yourself the "landlord" or "owner" of a rental property in front of a tenant can lead to some rather unfortunate scenarios. Rather, letting the tena...

So say you've been depreciating a property for 10 years.   Year 11 rolls around and you completely replace the roof.  Does that just increase the remaining depreciable balance (basis) for 17.5 years?  Or do you deprec...

Purchased a tax lien.Took possession.Made repairs.Received a redemption request.Responded within 10 days with a bill for repairs.Redemptioner received the bill (certified mail signed receipt) on 12/12/17.Lawyer respon...

Good evening, everyone.    Last year, I purchased a house for myself with 3 additional rooms to rent.  So far, this has been going very well.  I have two vacancies coming up soon that have me a little worried, but thi...

according to a book that I just read.A number of years ago I went to a big real estate investors convention with 1,500 attendees; there they did a survey and about 1/3 didn't own any real estate, about 1/3 only owned ...

Hey BP family,It's been a while since I have posted a discussion on here, but I was curious. What do you as a landlord do for rewarding tenants? Do you at all? If so, what do you do and why? I have heard of many offer...

Based on 45 years in real estate, I’ve experienced these types and I believe they are the biggest time suckers to be avoided as quickly as possible 
Types of Customers to Avoid1. The customer who places no monetary v...

I'm in the process of converting my properties into Section 8 rentals and wanted to connect with experienced landlords who have navigated this space. Have any of you faced challenges with getting your properties value...