Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...

I have been investing in real estate as a side thing for well over 30 years and have had many different strategies.  Often it was just buying then reselling my own home.  I am over 30 units now, but have slowed down m...

I had to post this for others to learn from my mistake. No matter how much experience you have, you will always be at risk of taking a lost at some point. My problem, I'm way to nice and give everyone the benefit of t...

So my tenants paid $1000 of the $1200 that they own me.  Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th).  The late fee is $30- day.  Do I charge them the whole late fee or pro-r...

Economic Update
(Monday, March 29, 2021)
This pandemic has really exposed the fault lines in our workforce demographics. It has exposed the divide between those who can work from home and those who can’t (deemed e...

It has been cold here in Michigan, but I have had an unusually small amount of inquires on this house.  Are any of you having better luck? Here is my ad:   http://www.zillow.com/homes/for_rent/Burton-MI/house,condo,ap...

I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...

I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...

Hi!
I have been lurking around BP for a while and am very much appreciative for all the insightful information.

I recently sold one of my businesses and have plenty of cash to go buy multiple properties. I already o...

Biggerpockets Community,I'm hoping you can help me. I am finalizing the renovation of a property and looking to find a renter. I've always rented long-term and have no experience in short-term rentals. I recently rece...