I bought a property last April that my son and 2 college student roommates are living in.  Getting ready to do taxes for the 1st time since purchasing.  Do I treat the property as 1/3 second home that my son lives in ...

My wife and I are currently in the process of finding our first tenant to fill a vacant apartment. We own two multi-family but have been fortunate enough in two years not to have to find a new tenant since we purchase...

In the "inland empire" CA it appears that the buying depression is over,, I am making an offer on a 3/2 house in my hood and the first day it was listed (yesterday) the front of the house looks like the disneyland pa...

Economic Update(Monday, May 3, 2021)

Here’s some fun facts. According to University of California Davis’ “Road Ecology Center,” Los Angeles traffic patterns changed dramatically during the pandemic. In March of 2...

Just thinking out loud here and bouncing some ideas around. Would love to know what everyone thinks. I live in NorCal and buying local is not a viable nor smart option. So I've been planning on purchasing out of state...

I have a possible tenant that would like to lease my property for 2 years.. and pay in full up front. Obviously I am ok with this..  no chasing rent and such. But, would there be any negatives to this? And what type o...

Hi there! I'm wondering if anyone from California/ out of state has any tips on investing in Florida or any lessons or "dumb tax" to share? My investing partner has lots of experience here in CA, but we're interested ...

Let me get this out of the way first, I have never considered purchasing a multifamily.  I own one single family that I have been renting out for 4 years, and just closed on my second property 2 weeks ago.  Multifamil...

BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt  ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...

Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow.  This post is for you:I always dread the first few hot days of summer....