I will be inheriting a tenant who is a retired custom car builder/mechanic and his wife.  Their unit is well maintained, and they currently do cleaning and yard maintenance on the side for other properties.  They have...

Greetings!

Like many BPers, I own a few rental units (2 4-unit buildings) and manage them myself. I run my business professionally, I take good care of my properties and like to think I treat my tenants well. I belie...

I just read a WSJ report citing Bankrate a banking analyst, that 3 out of 5 Americans do not have the reserves to withstand the most mundane unexpected expenditure, "The survey found that an unexpected bill would redu...

Thanks in advance for clicking this far, as I greatly appreciate your insight no matter your skill level or experience. Here's my story:My wife and I have 6 kids with one more expected in September. I am Active Army b...

Lets say you have a million bucks and looking for a Multi Family to invest in. Where do you start? Do you consider many cities and look for the best purchase, or focus on specific area that you know well and settle fo...

Hi guys, I am currently looking at a small multi family property in Fort Lauderdale, FL and in the desciption ist says that the property has lien/code violations. I have tried getting in touch multiple realtors about ...

Currently own three multifamily fourplexes (2 in Ohio, 1 in Missouri). Plan to continue to purchase more soon. Currently reside in Virginia.Working on establishing a legal entity and spoke with one law/cpa firm. The...

Landlords of class C properties,This is my first venture into rentals.  I'm just curious as to what parameters you use to determine a good renter?  Do you do any sort of ratio where you look for 3x (or whatever that m...

Would be interested to hear if anyone has more/better/different information on this issue:

I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...

Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...