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I am in my first rental property, in Pleasant Prairie, WI (about 26 miles from where I live). The tenants are a young couple with kids, and the place backs up to a good school. All seems right, but at the same I am un...
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Hello, this is my first post eventhough I am always actively following and reading Biggerpockets. I have a question regarding a rental property I currently own in Miami, FL. I am a long distance landlord and I live i...
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Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
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For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
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Well, we are getting around to the most wonderful time of the year and that means tenant Christmas gifts. I know some Scrooge like landlords skimp on this but I am convinced that Christmas gifts build good will and ar...
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I'm totally new to Wholesaling and I have heard it was a challenge, but I just spent over $400 at yellow letters.com and listsource.com for direct mail marketing, I'm putting up bandit signs, I'm driving for dollars, ...
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I'm considering a jump into residential real estate as an investment opportunity and have read about the Rule of 1% and Rule of 2% (i.e. monthly rent should be 1-2% of the property price). I understand they aren't nec...
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I'm eager to kickstart my business, but I could use some direction on where to begin. Should I prioritize market research or focus on building a network of industry contacts? If you have experience in wholesaling or r...
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A buddy and I have been discussing for awhile finding an investment property together. I have been a wall flower on bigger pockets, it's podcasts, and I am an avid reader of all things real estate. The plan was I w...