Just received this email from a tenant: Hi, I am writing to let you know that a friend of mine has been staying with me. He was living with his Mother and she was growing tired so he came to live with me. He broke his...

Hello All,Recently purchased a duplex in South Minneapolis. I want to save on remodel cost and put as much sweat equity as possible. The property really isn't in bad shape and in a prime location (couple blocks away f...

So I have a rather tricky situation that I need to resolve at a rental condo.  I own one of the units out of a total of eight in the building.There is a copper drain pipe leak inside the common wall between my unit an...

Would any members here be interested in a meetup in or around NYC? I know there are quite a few of us in ct, li, north jersey, and westchester so maybe we can make something happen in the next few weeks.

"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...

Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...

I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...

Borrower has been fighting 2 years to stay in possession without payment. We were awarded property at foreclosure in February.Below is an email I received from our Agent about the lockout at our favorite property:“Upd...

I currently have 2 4-plexes under contract. My financing will not be finished until after our scheduled closing date so I went ahead and lined up a hard money lender just in case. Before I finalize with the hard money...

Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?