Hi, I got a "criminal complaint" (misdemeanor) from Cleveland Municipal court because my property in Cleveland has "High Grass and Weeds".I pleaded Not Guilty because the PM confirms it is the tenant's responsibility,...

I need some help setting up an accounting system to manage a small flipping operation. I've been in construction for two decades, and I'm used to job costing software, but I'm having a hard time finding something that...

My opening statement is: I have finally walked the plank, closed a HUD foreclosure a on December 9th, and have been wading deep into this project.  Ive talked about doing something like this for awhile now, but lacked...

I need some advice. Do I foot the bill? Do I bill tenant for the cost or half the cost? Here is what happened...I send out a 24/7 plumber on from a large reputable company on Friday after tenant calls. I reminded my t...

It is with great excitement that I am writing this post. I am going through closing on my first home! It seems like a dream because I have been researching for so long and I never knew when the right property would co...

Hiya all;We're closing on a property in the next few weeks and struggling with balancing the business and the human side of what we do.  The property has tenants in place but are between $130-200 / mo under market at ...

Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...

Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...

I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...

I wanted to get some advice/opinions from with some experienced minds here.I plan on purchasing a new home as a primary residence this year.  The idea would be to then move into a new primary residence, and rent out o...