So lets you have a tenant that pays there rent every month, a little late but pays it every month, but keep the house immaculate and takes really good care of the property. Then you have another tenant that pays early...

Awhile back I posted about a tenant I have that has requested to make a tenant requested improvememt to my property. Long story but to make it short, tenant has agreed to pay approximately $8400 to improve the shower ...

Today was one of those days that makes you wonder why we do this. First off, let me mention that I work a FT W2 job, my hours are 6PM to 6AM and my commute is a 3 hour roundtrip. So last night at work, my wife call...

How do you guys handle rent increases? Initially, I'd go to the rental with my rent increase letter and attempt to sit down with my tenants and talk about raising the rent and get their signature. But the husband is...

So my wife and I came up with this kooky idea to build a cottage in the backyard in which we'd live so we can rent out our main house. The main house is 2br/1ba 970sqft. The cottage is 250sqft.

We're not quit...

I have the opportunity to by a 2br 2ba condo in San Diego, in a neighborhood with the best public schools, from a family member.  We'd be buying at market rate, but this means we could get Seller Carryback financing a...

For tax filing, where would expenses associated with a wraparound mortgage be reported? On Schedule A? Some examples would be interest paid to the underlying lender, note processing fees etc.

Thanks,
Angie

I'm new to REI so there's probably a very simple answer I'm overlooking but I can't seem to understand why sellers are listing at such inflated prices.  I'm looking in Green Bay, WI and am still at the preliminary sta...

Hi All,

I am interesting in purchasing a multifamily property with an FHA loan. I've seen multiple requirements from different websites. The one that I'm concerned about is "2 years of employment" or "2 years...

I am wanting some advise/suggestions on what to use or how to purchase a property that is going to be used for rental purposes. I have recently purchased my own home at $80,000 and used an FHA loan, so I'm tied up in ...