I have a rental in a solid C area. A triplex. We've been marketing since mid-december. I've got a good applicant who wants to apply, but she states that neither her or the roommate have a bank account. They're young (...

Hey,
So I purchased my first SFH last year and quickly rented out 4 rooms before my 1st mortgage payment was due. I walled off the dining room creating an additional 5th bedroom turning the house to a 5bd/2.5ba and r...

Hi everyone! Brand new to BP. We are in contract on a property that has 2 houses: a 3 bed 1 bath "main house" next to a 1 bed 1 bath "apartment" which both have existing tenants. We close on July 1 and have sent...

This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...

Hello, I'm going through my first screening process with potential tenants. I have come across a couple issues. One poor applicant is having both. I have tried multiple times to reach the property management company. ...

Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...

I've been reading horror stories of buying an FHA multifamily property in Brooklyn and the burroughs around NYC. Everything from limited amount of properties available, to brokers and agents not wanting to deal with F...

I put in a new basement carpet a bit over 10 years ago. I have had a couple different tenants since, the last for 6 years. When they moved out the carpet was pretty shot...but it is 10 years old. The entire house (3br...

1 tenant out of a group of 3 refused to pay her last portion of the last month's rent. I tried explaining to her why this wasn't acceptable and she still refused. Her roomates weren't willing to cover her portion o...

Anybody have experience with tenant proposing they get a dog for "medical" reasons? She knows there's a no dog policy and has been in the building a while. I do not allow dogs, and this dog she's proposing will not be...