How do you guys go about paying an individual for work performed? For example I know Joe Nobody that does plumbing work, and he does a great job. Can I offer him a side job, if so how do I pay him and account for it...

Hi there!  This is my first post but long time listener to the podcast. My wife and I are having a hard time deciding on whether to sell our home and take a massive tax hit. Or keep it and cashflow it. It is a single ...

I'll be listing my house in Aurora, IL  In a few weeks.   I found a realtor with tons of current  listings and past sales who will put me on the MLS for $100. Very high volume realtor.     He also gets $200 of the buy...

Which is more important to you?From what I've gathered, it's basically impossible to get a nice, low 30 year fixed with an LLC. OTOH, then you're more vulnerable if you get sued.So if given the choice, would you finan...

Hi, I'm just starting out and looking into doing some flips.  It's possible that some of the work can be performed by a less skilled contractor, such as the painting and maybe the drywall.  I was wondering if I should...

Greetings fellow landlords. Multi unit was purchased a few years ago. Inherited a tenant that already had 2 adults and 3 small children living in a small 2b1ba house. What should we do if the tenant was expecting a 4t...

Just got our latest estimate for our Phase 2 of a location. This is for your normal drive up units. Last fall Phase 1 we were $3,200 erected for 10 x 15 or 10 x 20. This was contracted around February of last year. La...

How do you handle this question? When friends or family find out you are an investor, this is the first thing they want to know. It's like asking someone how much do you make a year.

I understand their curiosity but ...

In May of this year I told a tenant I would not be renewing her lease due to a variety of issues my PM has had with her, primarily being late on rent every single month and not communicating or responding to his corre...

I manage a lot of rentals. One of my owners has been with Farm Bureau for about 25 years. They insure eight apartment buildings on three separate properties, 36 units in all.We had a kitchen fire in 2018, tenant cause...