Hello, everyone! I wanted to get your thoughts on buying condo(s) as rentals. I know there are various HOAs that go along with the package, but that's just about all I know. Any thoughts or information/experience woul...
My tenants are a couple - she calls me “hon”, He calls me “babe.”. Every time they do that , I mention my name is marci . I like to maintain a professional profile which is why I correct them . not a big deal. Just cu...
Good morning all,
I have a tenant who wrote a bad check and was late on the rent. She was suppose to pay this amount on the first of this month. On the first I called to check with her bc she didn't make the payment....
With lending standards just now beginning to loosen from a historic tightening, I find it bizarre (and frankly, offensive) the idea that Private Mortgage Insurance will now be something that will be permanently affixe...
As I'm studying for me RE license, I'm paying close attention to the definitions/reasons for needing a RE license (Or not needing one). Wholesaling does seem to check out so far because, technically, you are not selli...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
I have a ten unit apartment building that I've owned for about 7 years... it is a low income property but I've tried my best to maintain it to the best of my ability. I bought the property from an out of town landlo...
Any advice out there on the best way to pull away from the full time job and make landlording the main gig. special formulas , cash flow, separate income accounts. My biggest concern is that once I leave my full tim...