I am brand new to the game and have an opportunity to get off on the right foot (or so I would like to believe). There is a 4-plex as well as 2 duplexes for sale in my area, and I could potentially snag all three of t...

my wife and I put an offer in on a house.  It has been tentatively accepted but there is a relo company involved.  So I don't have a signed contract nor put in any earnest monies.  The relo had an inspection done and ...

We know Trump has staved evictions for some non-paying renters for now (hud/fha properties - protecting those losing income or experiencing financial hardship due to the pandemic). But, does this apply to those who ha...

I need some advice please. 
Northern California landlord here. Tenant couple who are late on rent 9 out of 12 months has not paid at all for April. 
Claims it’s because they both are working less or not at all. (Mix...

I saw a single family fsbo online, In Pittsburgh, Property was on the market for 129 days and counting. Owner is firm on price & it's free and clear. I offered his full asking price if he would owner financed the ...

Should you hire a bookkeeper and a CPA separately or look for a one-stop provider?
Neither approach is inherently better than the other. Both have pros and cons. Some considerations:
- The least expensive route is t...

I'm going to start off by saying that we've made a lot of mistakes. My husband bought a house many years ago and had a family member live in the house. A year ago this family member came to us and said that she can no...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

What proactive measures do you take to increase profitability on your rental units? Here's some things I have done recently:

1. Challenged tax assessments.
2. Hired a firm to handle the 2nd round of assessment chall...

Hi guys, Assuming most points and highest rates: (Hard money lender offers 2-4 origination and 11-14% interest annualized. I'm assuming 4 points and 14 % rate)Purchase price = 210k This particular lender requires I pa...