Based on my research, and what I've heard from numerous lenders, a 5 unit home is classified as a commercial property, and can only qualify for commercial loans. Is this understanding correct?
So far, the only bank/l...

I am Joe and in the process of buying a hobby farm in North West Minnesota where my wife and I will relocate at the first of the year.I retired from Law Enforcement in 2015 and have worked managing and maintaining a l...

If you're planning to renovate or build a new kitchen, you're in luck because there are so many exciting design ideas and innovative features to consider. Whether you're a passionate cook or simply enjoy spending time...

This is  the year of the pool and trampoline.   With Covid 19 causing the public pools and kiddie parks to be closed this year and an abnormally hot summer we have had an explosion of renters that have purchased pools...

We had a plugged septic drain in a brand new duplex (less than a year old), the plug ended up being a bunch of, what appears to be white shop towels, rags or baby wipes?  The plug was in super far so simply flushing t...

I think I have it narrowed down on how I want to initially structure my new business (an LLC with S-corp destination so that I don't have to pay both Personal Income Tax on profits + Business Corporate Income Tax; I w...

Hi my name is Michael Wood from Castro Valley California  I have a 5 year lease,  and the house went into foreclosure and sold at auction .  New owners plan  on  renovating a home and selling it back on the market .  ...

Every business faces a critical decision-making period when deciding whether to accept or go ahead with a business deal. This is where expert due diligence comes in, so as to avoid gambling away your business.
Expert...

Hi guys, long time lurker and first time poster

My name is Kito, hailing from beautiful BC up in Canada. I had stumbled on this site last year after coming into some pretty substantial raw land that I needed to figu...

I am fairly new to managing properties, though I did it years ago I am rusty. I have a tenant who paid their rent 10 days late. I was clear they would need to pay the late fee, however they deposited rent only. I have...