David B.
Renters her deducting security cameras and monitoring
I live in Ventura California and have a SFH rental in the area that I self manage. Our tenants were burglarized last month and lost $20,000 in jewelry and possessions. The tenant left a window open in the kids room wh...
Jeremy Henry
In a pickle... Default on 5 properties, or hold out?
Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
Alex M.
I inherited a terrible tenant, but don't want a vacancy
Actually, I inherited THREE terrible tenants. But one is causing me more of a pain than the other two put together. Here's the summary of my three tenants:1. The continually late nice guy - artist. living paycheck to ...
Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
On a recent Bigger Pockets Podcast episode (link above) the guest discussed the idea of investing for equity and not cash flow. Unless I missed it throughout the episode, I do not recall them ever discussing how you c...
Forrest Faulconer
Investment properties are great, but let's get PERSONAL.
According to the classic Rich Dad Poor Dad, Robert Kiyosaki says your home is not an asset. This makes sense considering your home is not making you money but demanding repayment from the get-go. Appreciation is no gu...
James Park
New Landlord. How to handle a situation when tenant cannot pay the full rent amount
I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.
Long story short, in July, I had an unusual storm in Chicago that put 6 feet of water in my basement. I have sp...
Beth Johnson
Wholesaling vs Private Money Lending When Starting Out
A lot of aspiring investors who may not have enough capital to do a project by themselves (or simply don't want to dive into investing without the partnership of someone with more experience and knowledge) seem to tak...
Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Spencer Clark
Will Housing be "the Biggest Business Story of the next 5 Years"?
The Washington Post published an article from an outside contributor (and investor), Conor Sen, claiming that while software was the biggest business story of the last five years, housing will rule the next five years...