Mathew Cubell
Inherited Tenant Bounced Rent Check
Hi All,This past September my wife and I purchased our first investment property with the help of BP. This is my first time posting and regrettably I have only been a lurker until now. The property we purchased is a d...
Todd Riner
Contract extensions after expiration--what is legal/ethical
I recently found a property I was interested in and upon further research revealed it was under contract until 30 Nov 2017 (per listing agent) The property could not be shown until that contract expired. On 1 Dec, th...
Jean Norton
Taxes Paid on Property by Mistake? Can we file a tax lien?
My husband foreclosed on a property in Texas and entered a legal battle to remove the borrowers. The borrowers sued my husband for wrongful foreclosure (but that's another story).During the time my husband *thought* ...
Conor Meehan
otherwise great tenants hiding ferrets - how to proceed
I recently discovered our tenants are hiding their ferrets in the basement of our duplex. They are otherwise good tenants - pay on time, responsible and friendly neighbors. They were keeping them at his mom's until ...
Corey R.
Planning to rent out a MIL unit and need some guidance
Hi all,We just purchased a home with a MIL unit (located downstairs) in the daylight basement. There is a main living area above ground (where my wife, son and I will be living). The MIL has its own separate entranc...
Ian Thompson
What happens if tenant does not pay RENT RAISE.....
What happens if tenant does not pay RENT RAISE.....Hi BP,Can any landlords out there suggest what they dowhen tenants do not pay the RENT RAISE on the specified date ?They pay the rent, however NOT the rent raise amou...
Francis Agustin
Will a Section 8 tenant lose his/her Section 8 for breaking lease
I had some disturbing issues from a neighbor. First time I reported to the apartments office and they made rules-not on my lease. That if have past hours disturbances call the dispatch or the police. Then later on t...
Brianne H.
What rarely-considered expenses do I need to budget for?
Hello, I am interested in purchasing buy and hold out of state 2-4 unit properties in the next year. I understand when doing the math to calculate cash flow, after PITI, you still need to factor in property management...
Wesley Wells
Pros & Cons of Non-Performing 2nds
I was listening the recent episode of the Note MBA podcast (great resource) and they were discussing investing in non-performing 2nd liens. I became very intrigued on the topic but I wanted to get some feedback from a...
Nerissa Marbury
Rental Insurance Question: SFH Multi-non-family tenants
I have a SFH with three non-family tenants. I am requiring rental insurance for the first time this year - $1MM liability and me listed as an additional insured.Question: If two tenants got rental insurance for $1MM e...