An idea Ive been toying with for a while is giving financial books to my tenants. Specifically the Richest Man in Babylon and The Total Money Makeover. I realize you can lead a horse to water, but my theory is that ...
I have a four bedroom house that I airbnb in Denver and have a friend who could live in one of the rooms for 4 months this summer (high season). I'm tempted to say yes to her as I've heard you can make more $ renting...
We are showing our first rental property today and have had a lot of really positive responses from potential renters. We had one Hispanic family that came to view the house and they really liked it and have already a...
I had a prospective tenant (actually it appears to be her employer) who asked about renting an apartment in the company name. Still no info on the company, but has anybody ever been in this situation? Should I co...
With today being thanksgiving and thinking of all of the things I am thankful for. I think it would be nice to hear from the BP community about how your REI have helped you give back. Whether it is helping your commun...
I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
I have a tenant who moved from CA back to MI to care for a sister in with cancer and more recently an ill parent. She could not find anyone to rent her a home because she was a stay at home Mom with no verifiable inco...
I am looking into getting a hard money loan..I want to use my Paid off home for collateral. I'm looking for only less then 20% of the value of my home..Credit is terrible that is why I'm thinking of going this route I...
Need advise on how to set up best and practical asset protection. I Live in CA. Have multiple single family Properties in various states. Ca lawyer says single member LLC are not really a protection in CA. Need to for...
My husband and I started to buy rental property in 1991 in Michigan's Upper Peninsula - specifically, Escanaba. We moved to Green Bay, Wisconsin in 2004 and are thinking of retiring in the next few years.We are fin...