I know that a lot of landlords are suffering right now. Much has been made of the struggles of tenants facing financial hardship and many landlords have been placed at the mercy of the now-exhausted small business rel...
I closed on a duplex in Buffalo, NY last week. The house (both upper and lower) was vacant, in great shape as the owner had done some minor updates to the flats. The numbers look great on paper and the rents I plan to...
I have come across an opportunity to purchase a small self storage facility that on the surface looks to be a good deal. The problem I am running into is the owners are close to 70 (ready to retire, this is why it is ...
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
So, there's this house that has been deeply discounted about $100,000 off its original listing price. Just last month there were 3 armed robberies next door to that house on a street with businesses. There have been m...
I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...
Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment? Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...
We are all familiar with issues related to service animals (specially trained and certified dogs) and assistance animals (such as emotional support animals of any species or breeds).This post suggests a compromise res...
Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc… If they are in the cash business, they are uncollectable. You need to find someone with a good job that is not worth leavi...
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...