I put a tenant in my first rental property two months ago. Last month she paid the rent seven days late and this month she is ten days late and counting. (In Baltimore City there is a mandatory 10-day grace period and...

I was burnt out. For nearly fifteen years I had worked as a commercial photographer trying to balance art and commerce. I felt like I had failed. The commerce me had killed the creative me. The problem was that fi...

I’m struggling with time management right now. I’m trying to balance my W2 job, exercise, family, investing activities and education. It seems like I could use a 48hr day instead of 24. I’d love to hear what experienc...

I'm a complete noob. I'm planning to put in my first offer on my first rental on a SFH in Kansas City in the next day or two.$140k offer8% interest rate20% down8% management fee5% vacancy5% maintenance 5% cap exI have...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...

Hey BP,Over the past year, we have successfully completed 15 fix and flip rehabs but this year we are looking to greatly expand the business.  I am currently in the middle of trying to streamline the business and all ...

I'm working on my 2nd flip in Jacksonville FL's Murray Hill area. Initially listing the property at $170K to see how desirable the property was and attempting to maximize profit (which looking back at probably wasn't ...

I have hard time finding a good vacation rental cleaning company in North Jersey.I called people on craigslist but the prices are quite high. In my area hosts are charging 25-50 dollars for cleaning. I didn't find nob...

Did that subject title get your attention? Good! :) I saw this super-hype phrase used in a property listing yesterday. It also said Troy is the "new Saratoga Springs". The question I pose to our august Upstate New Yor...