Hello everyone! I`m in the process of buying my first rental property with tenants living in the house. What would be the things to do before closing escrow when it comes to inhering tenants in investment property? An...

Hello, I have just purchased a six unit last month. Rents were due on the 1st. I have installed a rent drop box on the first floor and passed out a letter to all of the tenants to deposit checks in their. I check the ...

Hi all,I'm looking to purchase a property in Cleveland that comes with a tenant and property management in place. I'm a long distance investor and have been down the "marginal" PM road before. I'm looking to vet IIP M...

Hello everyone,

I'm about to put a property under contract for my first wholesale deal, but I just wanted to know if you ever had a property where you couldn't find a buyer for, if so what is the consequences? Do yo...

My tenants, who recently moved out, were informed that the gas utility company failed to bill them for the term of their lease and they owe them a few $thousand. Would you be concerned, as the property owner, that the...

Hi all. I had an existing tenant contact me yesterday to say she would like to pay up rent for the year with her tax return. I have owned the property since October of 2014. It is a 6 unit property that I have been br...

So, finally got the second tenant for the duplex and almost lost them the same day. The tenants are responsible for their own electricity and gas, I pay the water and trash. My mentors have advised me to either, tak...

Hi All,

I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...

Hey BP People,I am currently screening tenant applications for a vacant rental property of mine and I came across an interesting situation. The applicants are a Hispanic family with 3 young kids; Mother is a housewife...

Thought this would be a fun post. Here is a list I created. This is targeted more towards beginner investors so I left out the advanced/high cost strategies. Feel free to add to the list with any of your own tips. Hap...