We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...

I'm a gun owner and I own "that" rifle and "those" magazines, but the Sandy Hook incident has changed my mind. It's not just guns, but guns are part of the picture and such needs to be addressed. I had teachers that h...

I went to the 2 day Life Styles Unlimited class this past weekend with the goal of learning and finding a multi-family mentor to begin investing with. Like a typical sales funnel I quickly learned it was a brief over...

My novice status will show here...I recently purchased a 4-unit multi-family property in Washington, DC. Though this has seriously boosted my net worth, it has stuffed my cash flow into the trash.I have a significant ...

With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.

As a follow up to a post I did nearly...

Hello everyone,As a prospective investor in short-term rental, I would like to get some feedback regarding the upcoming demand for short-term rental. Considering the current economic climate, where layoffs are happeni...

I think the constant discussion of California vs anywhere else is intriguing. So I pose a question. Hypothetical, if a person had a  2 million dollars to invest, they purchased property with 1 million in California an...

American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...

I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...

I bought a duplex a couple of months ago. Here are the numbers:

Purchase price $85,000 (I put 25% down)

Monthly payment including taxes and insurance is $585/month

Total rent for both sides is $1,...