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Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
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I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
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Hi all,
I've been compiling my results from my postcard mailings to Absentee Owners over the past few years. Here's what I've been getting:
Average Call-In Rate: 10.67%
Average Voicemail Rate: 4.40%
My Call-In Rate...
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Okay so I have started putting my own offers out there.
Property
1.Located on main highway.House is a POC had it listed at 80k now expired and re-listed at 39,000.Old house on block foundation needing a ton of work...
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I’m on my first flip, and the official start for renovations was November 1st 2018. I was told it would take 12 weeks to complete the project and now we are well past that and still having issues. All of a sudden I ne...
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How do I go about doing this with 20k in my pocket?
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Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
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So I hear people talking big game about owning Properties long term and the cash flow going up.In some states that are high property tax state like Texas here is what I have seen. 1. The taxes and insurance are increa...
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Are we going to have a recession this year? Historically, every time we see low unemployment it is followed by a recessionNow we hit a 17 year low for unemployment rate, so what does that mean?So will it happen? Wha...
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I attended a Rich Dad “Learn To Be Rich” Academy this weekend, and while it was fresh on my head I wanted to comment on my experience.
It seems that the response across the board has been that the training is a scam,...