A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...

Economic Update
(Monday, June 7, 2021)
Is Los Angeles a City-State? I ask this question because no one seems to know what Los Angeles is, exactly: city of angels, revenge city, or something else. In 1925, Aldous Hu...

I am looking to rent out my old home I am in the process of fixing it up and getting it ready. I have no idea how to move forward after it is fixed up. I very  much want to find a reliable long term tenant. Any TIPS t...

Hey Guys.  I own a property in Georgia and a new tenant moved in 4 months ago.  From the beginning the rent was always delayed by 3-4 days and I didn't mind that.  This month it has been crazy, first they started a st...

I met a guy at club meeting. He said wants 4 family apts to rent out. He gave me what he wants with rent and profit.

I found a 2 family apt with the financial parameters he wants.

Do I ask the end buyer/inves...

Hi all, I may have an opportunity to pick up a tri-plex that is fully rented. What is the process when purchasing and taking over the property from a managing stand point? Are there new lease agreements? What about se...

A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...

I'm stationed overseas and this tenant from hell stop paying her rent over 7 months ago. This rental is in California. Any advice?

Has anyone had a tenant not deposit a security deposit refund? It's been 95 days since she signed for it and I read that GA law allows me to keep it after 90 so I was thinking about canceling the check but I don't wan...

Hi All,

First I would like to thank everyone here for all of the informative posts. I am definitely seeing some good use for this site.

My name is Edwin and I am from Northern New Jersey. I currently work in NYC...