Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...

I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...

Just listed my house for rent Saturday.  Got a 3rd call today from an out of state tenant who now says she wants to rent my house, sight unseen, and offered to pay a years worth of rent upfront with a $100/mo (6%) dis...

Two weeks ago my tenant's dog (listed on her lease) attacked my husband as he dropped by to deliver a Christmas basket (no good deed goes unpunished?).  Jumped up and went for my husband's throat/neck but fortunately ...

The response I get most often when I ask this question is that it's disruptive to local lifestyles to have more frequently rotating tenants and as a result STRs can decrease property values.  The first one is qualitat...

Hi BP,So I'm planning on buying my first home around the end of the year and I would like to allow my girlfriend to live with me. We have been going out for about 6 months and I was wondering if I should create a rent...

In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...

I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...

I keep getting asked why I've come to dislike small multi-families (2-4 units) in my area, and I wanted to make a list to see if maybe I'm missing something. I’m not saying small multi’s don’t make sense in othe...

Hi-My wife and I are looking to buy our first property. I’m personally leaning towards a multi family home because I think it’s a great way to get started in real-estate while also having tenants pay for our mortgage....