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Hey everyone, I started a property management company about three months ago. When I was looking to get into it everyone said that there wasn't any more room for managers in my town. Since then I've scaled up from my...
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I purchased an old 1920’s Craftman-style home for $69,900 in October. It was in poor shape. The siding was in need of major paint removal and repair, the foundation needed to be put on cement piers instead of wood...
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I have a tenant who I suspect intends to move out at the end of the month. Her lease is up at the end of the month, but continues month to month unless a new lease is signed. She didn't pay this month and seems to hav...
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Hi,So I'm on the fence on this one. I'm leaning more towards paying my debt off first to.A few years ago (2015) my wife and decided that the monthly credit card/tax/medical/students loan bills were getting out of con...
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...
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My wife and I purchased our first investment property on March 1st, 2017. It is an ambiguous sized apartment building (2 or 3 units) with tenants in place that needs a ton of work. Here are some of the numbers:Purch...
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I have around $50,000 in a 401K and I'm wondering if I should leave it where it is or if there is another investment that would yield more money in my retirement years, which could start as early as 2-3 years from now...
I hate to be a downer, but with a significant overhaul of the tax code recently we are seeing first hand some RE investors (and individuals) get hit with huge tax bills and sometimes penalties. There are tremendous b...
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I had a slab leak in my rental home. The insurance adjuster and contractor he brought in were great! I couldn't believe how much would be covered; we would be getting a whole new kitchen and flooring thru out most of ...
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My mother is planning to retire, and depsite having a CPA daughter and son-in-law, she still believes she knows best when it comes to finances.
So, I am posting this so that perhaps, in your own words, you wo...