Hey folks,Quick questions for you. I have enough cash in the bank to purchase a small  2bd, 1ba SFR (already cash flowing/w tenant) outright. My question is, should I make a cash purchase so I can own it free and clea...

Hi bp. Putting an offer in on a property that may be getting multiple offers. My agent wants to waive inspection contingency. This is my first time buying a property and going through these Steps. Is this common? Is t...

The popular buzzword seems to be the “Cashflow” these days. Cashflow this and Cashflow that…Don’t get me wrong here! I LOVE Cashflow and I fight for it everyday with all of my investments. And if you are a fan of cash...

Really.  Can't make this up.  I had to coach him through changing it over the phone because the closets have linear fluorescents, and he didn't know what to do.
I'm focusing on the day job now, but I had to share.  (...

  I ordered a book lately on RE investing from Amazon, and the guru started out with the typical hype, selling the sizzle and not the steak.  You know, the whole, imagine yourself living the dream, not having to work,...

Hi BP,My wife and I are going through a cash-out refi, and are having an appraiser come to our home within the next week. Please provide any DIY tips on how to receive the maximum value for our house. Your feedback is...

There's another thread going on about LLC vs. higher liability insurance.

I'm just wondering if any of you have ever been sued by your tenants? If so, what happened?

Some people are setting up an LLC on each house. ...

Tenant Communication

09/05/2014

Debra called Trisha

Debra stated that there is mold on the inside of the toilet bowl and
sink bowl by the drain. As well as, a small amount o...

So many people love rental properties and even though I like the monthly income I don't like being bothered with the overhead. When I think about after you pay the mortgage, insurance, taxes, plus maintenance you have...

To preface: I am making this post for many reasons, one of them being that I want to have a landmark post to look back on in the future. The other reasons are to get out my plan and largely to receive support and crit...