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For those of you who've read Rich Dad Poor Dad, I have a question. Author Robert Kiyosaki advises to own assets, not liabilities. He says that buying your own house is a liability, since cash leaves your pocket each m...
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Luxury vinyl tile versus ceramic tile. What’s your opinion? LVT is obviously easier lay. Ceramic tile can last a very long time unless somebody purposely damages it or drop something heavy on it and cracks it.
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What are some hot points to look for when trying to determine the location of a potential property to rent? I'm sure when looking to rent out a property you always run the risk of no one biting but what are some thing...
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After reading (and thoroughly enjoying) HOLD: How to Find, Buy, and Rent Houses for Wealth, one of my takeaways from the material was a quote from a long-time investor that says he only purchases 4 bedroom single fami...
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Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...
I'd like to compile a resource of strategies on self-managing STR's to maximize profits. I'm doing a lot of research currently but it's all over the place and as expected, very regional. So more than looking for any s...
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Hello! My wife and I bought a 3 bed 1 bath well maintained sfh in a great area of LA four years ago as the market was rising. Both sets of parents contributed to the down payment. Then California passed the law legali...
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I drive a very old sedan. Most of my tenants drive nicer cars than I do. Now that I am considering purchasing a new(er) car that probably will be nicer than theirs, I am wondering whether to keep the old one to commu...
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I was talking about Real Estate Investing with some people at Home Show event, and as I was talking about getting rents up to market rates. A lady in the conversation asked me if I felt guilty about that (raising rent...
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For those of you who live in California, you may think you can "Triplex" your home by tacking on an ADU and Jr. ADU to your existing dwelling. From what I've gathered (at least in my city), the truth is that you CAN d...