Tenant claims their bank accounts were seized by IRS and money was garnished for back taxes. A couple rent payments were already late. This will be the third time the rent is late since the money garnished was the ten...

In general, what is the main reason for a commercial bank to keep up so much scrutiny on commercial loans?  Is it mainly to pre-emptively take foreclosure action if a borrower is having financial problems?   Or is it ...

Hello! I am considering buying a single family home from a local wholesaler (My first rental property). I have ran the numbers and they seem decent to me but I wanted to get some other perspectives.  It is supposed to...

I'm trying to sell my lovely condominium in Ohio. I had an offer of $115K but the buyer was unable to get financing at the last minute. He had wanted to move in on closing day. I was notified 2.5 days before closing t...

I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...

Hello BP,I am Matthew Desrosiers and I have always been intrigued with realeastate and the freedom such investments can bring. I am eager to get started and happy to be a part of BP. I am inexperienced and appreciate ...

So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...

One of the units we managed flooded due to the unit above having a water leak. I contacted the owner of the unit above and they're refusing to pay for a majority of the issued caused, so the us and the owner has agree...

House is in Birmingham, Alabama. It’s in decent condition with a tenant already living inside. Will not need much work, maybe cleaning and painting or nothing at all until the next tenant turnover. There are actually ...

Currently looking around for a Property Management Company familiar with the House Hacking rent-by-the-room investment strategy. My concern isn't for the first year where I'm living in the property, but for the subseq...