I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...

Attention!!!!

Landlords / rental property owners in affected areas of the Covid19 pandemic

The SBA Economic Injury Disaster Loans (EIDL) are available for rental property owners if your state has already made th...

Has anyone taken the plunge and attended any of the "Advanced Training" courses put on by the Rich Dad Education company? Last fall I attended a three day seminar put on by Rich Dad Education, but because of the steep...

Some Perspective... 0.15%
That's the percent of American people who have Covid-19 at the time of this writing.  NOT even 1% of the total population.
Suppose the disease were to quadruple before this is over, that w...

So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Machesney Park.

Purchase price: $240,000

Cash invested: $63,500

Contributors:
Tara Shedden

Self-managed fo...

Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...

Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...