There is a lot of hype around Vacation Rentals. It's true that they can generate higher cash flows compared to long term rentals, but there are many factors that I think people overlook when they haven't done a vacati...

Hi BP,I'm taking massive action even though it is making me feel very uncomfortable. Can you help ease me by giving some cold calling advice? I've dropped off 40 postcards since Wednesday and havent gotten any calls y...

Many questions on here is in regards to buying property.  The first thing people think of when deciding to become a Landlord is buying the property.  Once they buy the property then what? Oh my gosh, there's a lot of ...

I have been procrastinating on writing my business plan. I have a "good" excuse. I wanted to make up my mind once and for all what kind of entity I wanted to go with before I committed any thing to writing.  After all...

Okay, this is only my second post.  I'm sure I'll take a few months before I figure out exactly which strategy I want to go with.  It'll be completely passive over the next few years since I have a career that I enjoy...

Mortgage Update: Outlook is not good.
The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My local coffee shop typically turns about $1,000/day. Yesterday, Carlos had take...

Hello BP!I'm Chris Williams and I'm obviously new to the real estate community. I previously lived in Memphis for four years before moving away to go to law school, and I'm now on the verge of moving back after I grad...

Im thinking about skipping college altogether, I have good grades Im just sick of school and want to see the $$$$$. I dont really have a great plan though I was kinda hoping someone had any advice... I would argue t...

So many posts here involve new landlords seeking advice on common landlording problems.  What to do when tenant does not pay rent?  How do I handle unauthorized residents?  My tenant is parking on the lawn!  My tenant...

There was a short thread on this, but it was locked. We have 13 units (including our own) in 3 properties, and file schedule E. I actively manage and maintain these properties. From my reading, I need to form a more ...