So in searching the forums before posting I found a LOT of people asking what to do when their tenants say the check is in the mail. Typically the story goes a bit like this: Rent due on the 1st, late on the 3rd-5t...

I'm working on buying a multifamily property in Virginia. I'm stationed here for another year and a half and then I'm on my way to the west coast. I originally planned and have accounted for a property manager to take...

I think I might be blowing my own mind right now..."conventional" wisdom says max out your 401k contribution to lower your tax burden. 2013 was a good year for my 401k balance as the stock market was red hot (i have a...

I started managing my own properties (with a handyman's help) because the management companies I first hired were terrible. Plus I could use the extra money. The problem is now I sleep poorly. I often wake up with ...

What’s the costliest thing that has happened to your rentals that you had to pay for? Did you sue the tenant?

Economic Update(Monday, February 8, 2021)
Have you ever wondered who originally handed out area codes? For example, why did Vermont get 802 and Southern California 213? Listen closely because the a...

The property is located in upstate New York , it is 2 attached properties with one deed . Total of 4 units. "1's rent is 1000 for a one bedroom with the lease with section 8 across the hall has a month-to-month leas...

This should be a fun topic. For arguments sake lets say.... You have 1 mil net worth in rentals. Positive cash flow. Let's say it's all financed through the bank with 20% down on each.  That makes 20% of it your cash ...

Hi BP,I'm looking to get a little advice on a "potential" issue that I am encountering during my flip. I have a SFH in north miami that I am currently flipping with my partner and we have been encountering a little bi...

I am thinking of refinancing one of my houses in Washington, DC, that I have a significant amount of equity in, and using the cash to buy a house in a cheaper market in cash. I am sick of paying interest to a bank! Af...