We have been hearing the sky is falling for decades.

Historically Texas as a very elastic housing supply.So I am still comfortable selling my lemons into this run up in prices and buying cheaper diamonds in the rough in the future, Assuming interest rates don't reverse their multi-decade decline.

If you haven't figured this out by your second or third deal, you're most likely not going to do too many more deals and you certainly won't still be around real estate a couple years from now, let alone 3 decades from now.We talk a lot about rules of thumb here on BP, and the discussion is nearly always in the context of, "this is a rule of thumb and shouldn't be confused with formal analysis."

An elderly electrician I met several years ago at a school project had noticed this over the years, and it was interesting hearing his insights from many decades of observation going back to before I was born.

I have owned houses for 20 years and never seen them or talked to the tenant.I remember a seminar I went to decades ago and the speaker said that he had known real estate investors who drive by their rental property EVERY DAY and brag to themselves that they OWN that house.

The ones to be really scared of are the clever ones who've never been arrested.Maybe I'm too much of a bleeding heart, but I think in the US we have a tendency to go to the other extreme and over-correct for problems that went unaddressed for decades.

Because RentPayment has been around for almost 2 decades, it has a better network with credit card companies, and and are able to give your residents lower fees (the lowest resident fees in the industry).

Based on what I have read I doubt either would have owed any taxes, but decades of fail to file penalties are a little daunting.Anyone have any experience with this and can tell me what to expect, how to start fixing it, or if just pretend I am still in ignorant bliss?

I am a Brooklyn Investor for 2 decades and have kept all the properties that I have bought except for 1 sale I did in 2013.

Also, my cosigner lived in Guam for decades (my birthplace) but just moved back to the Philippines.