I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this.  We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...

Our architect has done a good job helping us draw up plans to rehab a wing of an 1880 property (including some tear down and re-creating) and suggested working with one of the three contractors he often uses. The cont...

Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...

Is there a serious risk of hyper inflation happening with trillions of dollars of printed money being pumped into the world economy by governments around the globe? Historical evidence shows that when too much money c...

Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain...

It was a year ago that I closed on my first flip. The night before I closed, I almost walked out on a $4,900 deposit because I got scared. Thankfully, my step father was good enough to walk through with me and ca...

Hey guys how are you guys collecting rent right now

There have been many discussions about this being a sellers market, and prices are high.In my market (between Chicago and Milwaukee), prices are high, but many of the properties still would cash flow well.When I run t...

I'm in my mid-50's and just getting started RE investing (haven't yet bought my first investment property).  I'm feeling pressure to scale up cash flow quickly because of my age -- so I'm considering jumping right int...

If tomorrow you suddenly had around $300,000 cash, would you:Try to purchase several $50,000 homes and rent them out?Purchase a couple $100,000 homes and rent them?Buy fix and flips and rentals using the banks money?I...