Hello!We are looking at purchasing a rental, 6 unit, all fully rented.  The problem is we have always bought vacant properties and picked our tenants; so this is a new process for us.  Each unit is significantly under...

Hello folks, I'm looking for my first property.  I have some reservations of doing major rehabs but could do minor rehab without hesitancy.  Ive basically only been shown or looked into turnkey or very close to turn-k...

We have a tenant who has a puppy, even though her lease says no pets.  She is claiming it is a service dog in training.  The Scottsdale library doesn't allow "service dogs" who pee and poop where they shouldn't.  I do...

The market has retracted, true. The President has engaged in some fiscal bullying and the Chinese are pushing back. That's what is supposed to happen as our policies and buying practices from China should tighten as a...

I have a tenant who has totally trashed the unit, has not had electric or heat on in over three weeks, and has left a dog and two cats in unit. I was there Saturday with animal control and had the animals removed. The...

Hello BP,I currently have a personal loan lined up with a trusted party. I've done a personal loan before and have a promissory note drawn out and agreed upon interest and repayment terms. The intent is that this loan...

All the emphasis and effort on renovations and inspections is ultimately an attempt to control the controllables enough to create a desirable home for a future resident. Once a home is “rent ready,” it signals the bat...

House hacking refers to the practice of making your house a revenue-generating asset. Traditionally, this means purchasing a small multi-family property and renting out part of it.
The money collected from the tenant...

I am interested in partnering with a few people that I know in an STR. What is best practice in setting up a sweat equity partner and a passive investor partner that covers the down payment? Does anyone have examples ...

i am looking at forming an LLC for an REO property and then wholesaling the LLC to an end buyer. how easy is this, does it make sense to do, and what, if any, are the tax implcations on this transaction if done as a ...