At 19 I purchased my first property in the military. With a zero down mortgage i got a 2/2 condo that i plan on renting out in 2 years when I move. The condo should cash flow 100-200 a month.  I move in 2 years and i ...

occasionally I have seen realtor signs on a house and it says "For Rent".   Even with flyers in the box.Assuming the property does not belong to the realtor and he is helping a client find a tenant,Can you please expl...

I'm going with my gut and I know some *concerned* individuals might lecture me :)As I talked about in a previous post, one of my applicants warned me that he had an eviction on his report but his name wasn't on the le...

I have two rehabs going on side by side. My main contractor doesn't have the resources to complete both projects at the same time. This forced me to hire a second guy. Initial conversations went really well. He was a ...

Looking for advice. A property manager replaced a water heater at a single family home that I own in Kentucky without my permission. I found out about the replacement on the monthly statement summary from the manageme...

Hi all,

I need help figuring out this process from beginning to end. My mother just inherited a small piece of land. It's 4 - 4.6 acres located right outside of Washington, D.C area. The location of it isn't as impor...

Hi,I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions : 1)  I am based in MA  - Should I form LLC in RI or MA?2) Is forming LLC is a pr...

I would love to hear from the BP community what they believe are best practices of being a landlord? We are in the process of updating our documentation and procedures, and I want to make sure we are not missing anyth...

Sanity Check.Take $115,000 of $125,000 life savings to pay off a my only rental property in Abilene, TX.  Immediately take out a commercial line of credit (I'm pre approved) at 75%, which will be $150,000. Rents $1495...

Many questions on here is in regards to buying property.  The first thing people think of when deciding to become a Landlord is buying the property.  Once they buy the property then what? Oh my gosh, there's a lot of ...