So I found this property off a tax list.  It's in terrible shape, most likely a total tear-down.  Been vacant for quite a while, and is completely uninhabitable at the moment.  Even if it was to be rehabbed (which wou...

I have a plan that I'm throwing around.   I currently own one rental property that is paid off.  Cash flowing around 500 a month.  I have a primary residence, house is worth 135k and I owe 65k.  My current income is a...

I have a very picky and demanding tenant. Averaging two maintenance requests per week. Nothing major, small things that I don’t mind fixing but they are eating away my bottom line and spending way too much time on thi...

More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...

Was listening to podcast by George Gammon and Robert Kiyosaki recently. They made the comment that with high market valuations for most RE right now, and record low interest rates, that the debt is now the asset, and...

So if you read my previous post regarding the terrible PM i had you must know that i had my share of terrible PMs who know only to collect the rent and their fees and nothing else. So I was fed up with it. I started t...

Hello Everyone,
Thank you for your time!
My wife and I have decent jobs and are not in need of immediate cash flow from our rental properties. We formulated a strategy to start purchasing rental properties in 2022 w...

Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...

For people who use lawyers or are lawyers themselves, I'm just wondering if it's normal to be charged for simply responding to an email?

Usually these emails are simply one or two line responses or answers (that's ...