I am continuing to make payments on the existing mortgage from the payments received from my buyer, which I am assuming is a characteristic of a wrap-around mortgage where the seller acts as the financier for the difference between the existing mortgage and the sale price.

-Rent collection and financial management is probably not at the top of the list based on some of the challenges that we hear about, mainly because if you are lucky enough to have solid tenants and low vacancy, this is easy peasy, but if you have some challenging tenants that default on payments, or the possibility of an eviction arises, it can be worth paying a management company to help guide next steps. 

I've had so much emotional and financial stress from this house after I moved out (mostly from a mean and very demanding tenant).

If two funds need money for litigation support, that seems telling on the current financial condition.

And financial experts are asking me if the question is a joke?

Setting financial and lifestyle goals and using lessons from your current setup can help.Good luck!

It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.

We were in a financial position where we could keep our existing home, upgrade, and purchase another home.

I’m happy to be in a forum with fellow investors and people wanting to master real estate.  I enjoy hearing about peoples’ personal wins and innovative, creative strategies.  I hope to be able to contribute to other p...

My goal is to have financial freedom so I can eventually quit my 9-5 job and use my time to spend with family and do things that excite me.