I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?
Many people make the mistake of assuming they know what will attract a specific tenant pool segment. I made this mistake as well.
When I was first studying tenant pool segment demographics in Las Vegas, I assumed tha...
I have a rental in a solid C area. A triplex. We've been marketing since mid-december. I've got a good applicant who wants to apply, but she states that neither her or the roommate have a bank account. They're young (...
BP Community,I have had a opportunity presented to me through a small talk conversation that I transitioned to the person asking me what I would do with a large piece of acreage in Door County, WI. I asked what that i...
Hi,my parents are retired and are planning on retiring to colombia. We have a house in Pennsylvania and want to rent it out or sell it.I'm leaning more towards renting than selling cause the house is almost paid off a...
This woman can't substantiate her earnings, since she didnt file tax returns in 2017 or 2018. Dont know if she ever did. She uses 2 last names, and her kids have a 3rd last name. No child support or alimony. She says...
Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc… If they are in the cash business, they are uncollectable. You need to find someone with a good job that is not worth leavi...
Went over to a rental property today to work on a leaking basement window. One of my tenants was at home recovering from surgery on his arm. While I was there, a vein in his arm ruptured and he started bleeding heavil...
All,
@David Niles and I have been talking about hosting a real estate meet up in Buffalo NY. We wanted to gauge interest on doing this event in the next 2-3 weeks and preferably a week day. Want to get your...
My tenants are a couple - she calls me “hon”, He calls me “babe.”. Every time they do that , I mention my name is marci . I like to maintain a professional profile which is why I correct them . not a big deal. Just cu...