Just got a call from a tenant parent and the January electric heat bill was $1100.  In past years the highest it went was $800.   The heat is all electric baseboard with one room with under floor heating on slab and o...

Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...

I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...

I have 15 rentals in Colorado that I have bought over the last five years. Most of the houses I purchased from $80k to $130k, made repairs and rented for $1,200 to $1,600 a month. I looked at my last couple of purchas...

While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...

So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...

I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.

There is a strong contingency of folks that claim you should nev...

Hello all.    My wife and I are having a disagreement that we need you to weigh in on.  Here is what we are having a hard time with:We started dating in 2012, and I've always held a W-2 job of some kind. I hated the l...

I have been reluctant to broadcast this information to the note investment community, hoping not to "hang out my dirty laundry" with colleagues or the note investment community. However, it is time to speak out and ad...

I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...