I'll be 55 this and our last one graduates high school and will go off to college this year. My wife and I a debt free and own 15 rental properties worth around 1.5 million (net after sale taxes). We also have healt...
Hi Everyone,I was wondering what is everyone doing right now with the crazy market we are in! What is the right thing to do when deals are so hard to come by? If you have properties that have appreciated, is it a good...
So I bought my dads property, it came with a tenant who has lived there since the day he bought it 30 years ago. He never raised rent, it’s at $400/month. The unit isn’t very nice, she’s a smoker and there’s nicotin...
This is just a minor vent session but I got my first taste of real world landlord work this past weekend. And not the good kind. Not the "retire by 40 and travel the world" kind but more of the "your tenant will try a...
Would be very interested in some feedback. I've been managing apartments and houses for nine years and this is a first.
We hired someone to trim the hedges at one of our properties. While trimming, one of the resid...
Hello all, hope all is well. This rental has been on the market for 15 days and after 48 leads no one has qualified. Due to no one having 600+ credit score. There is a married couple, with 2 kids that claim they have...
I own a 3-family property in Massachusetts and use a property manager to handle nearly everything since I am currently out of the country. I've used this particular manager for 2+ years now and haven't received any co...
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...