Hello BP family,
Thank you for all your inputs that have led me on the path of putting together these blocks towards a building of financial freedom. Here I am once again wanting to fetch from this well of knowledge....

Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit.  The tenants are upset because of the amount I've withheld.  Here are the basic fa...

In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...

It's important to read what it covers and what it DOESN'T cover:

The person has to prove they can’t pay the full amount because of loss of work RELATING TO COVID-19
The person has to make every attempt to pay rent...

I just read a thread where an "investor" suggested that someone way the risk and if the down side could be covered, afford to suffer, to take the less ethical route.

Another thread was suggesting that investors just ...

Hello Everyone,
I was looking at some properties and the numbers (based on the price and current rent) don't work for a decent ROI greater than 8%.If the property was $20,000-$30,000 cheaper the numbers would work (8...

I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...

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...

Hello Everyone,  I am learning about the process to become a private lender and wondering if others who have done so are willing to share their experiences. How difficult is it to start and did you have a mentor to he...

A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies.  The price certainly seemed reasonable.  It so happened that I know the owner of the lot.  He is one of our homeowner...