My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
Hi all, Perhaps you can help me with some next steps.I recently signed a lease agreement with a couple who have stopped responding to my texts, emails, and phone calls. This is the second month they've rented my prope...
From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
Fellow Investors: After six (6) years of renting out properties, I still haven't yet figured out the best way to mitigate those tenants who fail to keep an eye out for the occasional leaky toilet flapper for which som...
I have a house that has been vacant for roughly five months now. The home is in good condition and we have had a lot of showings. However, a major feedback we have been getting is the fact there is no fence. We hav...
Hello everyone, Can I please get some help analyzing my first rental investment? I'm looking at this duplex built in 1915 located in one of the nicer sections of Hamtramck Michigan. (I'm very familiar with this area) ...
So I received my weekly mail this morning through that convenient slot in my door and curiosity made me go pick up that envelope and in that formal letterhead I saw the utilities' company's name in bold letters. Sure...
Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...