My husband threw this idea at me: What if we charge the tenants a little more for rent each month and gave them the 12th month for free? Here's how it would work:If rent is normally $900 per month, we charge them $982...

Hello, I’m active duty military deployed overseas and one of my guys has a significant problem. His wife and two young kids are in Ohio in a house they’re renting. Their AC went out two weeks ago and still has not bee...

Hi all, New to BP community and have noticed not many posts mention architects (say in contrast to CPA, legal, contractors, lenders, etc). I am a licensed architect and an aspiring investor (Chicago) and am using my b...

Hi everyone:I have a no smoking clause in my lease agreements, which prohibits the use of the recreational marijuana. However, a tenant recently informed me he has a prescription for medical marijuana.I haven't been a...

My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property.  I have just one property currently, but I plan to purchase a...

I am new to rehabbing and haven't done any yet, but before I do my first single family home I would like to understand licenses and insurance better. Assume I want to rely on the hired help to manage as much of the...

I have a $150,000 equity line that I can borrow from. I have two properties that I am currently looking at. Property A is a 13 unit apartment complex and Property B is a 5 unit apartment complex.

Property A i...

We are thinking about renting our 3 bedroom apartment to a family (2 parents and a 20 year old child).  The family just sold their house and received approx $200k from the sale.  Seems like they moved out due to finan...

I'm looking to sell some rehabbed properties in SE Michigan. The properties are in B/C type neighbourhoods and I'm considering whether it will be easier and quicker to sell them using land contracts compared to conven...

We had a showing at our home today....the agent stepped outside to take a cigarrette break, leaving the buyer inside alone for 10 minutes, then putting the cigarette out onto our exterior concrete patio.
Is it approp...