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I went to the Smokies last week to check on a few properties, meet with my management team, and do some fly fishing. Here are my observations:
Gatlinburg was still relatively busy, but not like a typical summer. Se...
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I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
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Do all tenants going on the lease need apply and meet qualification standards?
Hello everyone,I am debating purchasing a single-family residence to rent out primarily for the tax deduction benefits. If I receive a small cash flow of $600+/month, that is nice, but mainly I want to do it for tax ...
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Hey yall! I hope your day is going great!
I recently acquired a property under a contract under the impression that it was 1500 sq. ft. I was initially going to wholesale this because I got it at a great deal.
I di...
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Anyone else have their washcloths disappear at a high rate? I'm guessing that guests use them to wipe up spills or remove makeup and then trash them because they're embarrassed about the mess they've made on the towel...
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We are putting an offer on a NNN and seller insists on deposit without loan contingency. We have seen few deals already and never seller insisted that the deposit be without loan contingency.How common is it? We are v...
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With my rentals, I generate paper losses from operating expenses, repairs and depreciation. However, because of having 2 incomes in the household, my wife and I got phased out, and I cannot claim those losses against ...
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Looking at buying another property; we have 58k a year in W-2 income but the rest is either 1099 (mine--probably about 50k this year minimum if I do nothing for the rest of the year) or else property income (currently...