I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...

The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...

Just curious: what would YOU do in this situation? (The lady in this story has a history of "drama" with us - so nothing in this story is unusual.) A tenant called last week about a pipe that has been leaking in her c...

I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...

when you go after the banks......

http://www.wikileaks.com/

I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...

Now this. I guess just like students don't like to perform on tests, the Teachers don't like to have their tenure dependent on their ability to teach.

http://www.deseretnews.com/article/700039443/Pressured-teachers-t...

Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...

Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...

Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...