Hello Everyone!There are many things I would like to say to "new investors" that I have learned on my own. First off, don't waste your time on all the so-called "gurus" what they are selling is motivational talk and t...

I did my first tenant buy out today. Here is what I have learned.There are Lots of other explanations about why the bay area rent control is weird. If someone has enjoyed quite and respectful use of the unit who is in...

I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...

Got to speak to an old acquaintance recently who I just found out is a real estate investor. He has a small portfolio of 5 SFH properties in the Boise, ID area where I live with mortgages on all of them. What surpri...

I highly recommend that people track their personal finances, especially beginners that are just learning about real estate. I use (obsess?) mint.com, but there are lots of platforms and other's that have come up in f...

I looked at 3 popular destinations (Myrtle Beach | Orlando |Pigeon Forge) to analyze STR properties with the following setup. Not one has positive cashflow with a typical 10% second home loan / 30% vacancy & 6% in...

I have been investing in single family homes exclusively.  The thought of a multi-family building quite honestly made me nervous.  More tenants, definitely bigger numbers and property managers.  It seems my investment...

So my long-term tenant is asking permission to install a 220v outlet in the Garage for his furniture project. He wants to use his compressor. Should I allow it? If I do, what precautions should I take, like pulling a ...

Extraordinary architecture isn't dependent on expensive materials, complex details, or fancy decoration. Thoughtful design can transform ordinary materials, typical details, and minimal/no decoration into something mo...

Hello BP!I am considering purchasing a few SFR's in the greater Cleveland area (Euclid) and I've been made aware that the owner is responsible for paying the water and sewer bill.  I was hoping to hear how some other ...