My lease option tenant decided that the home was not for her and moved out. She left the home in decent shape, normal wear and tear of a family with dog and kids and after a day of cleaning it was ready to go on the m...

I recently attended a bootcamp where one of the speakers was a tax guy. He was apoplectic when he talked about CPAs who set up clients in LLCs with an S-corp tax election in part to save on self-employment taxes. Swea...

There has been no previous occasion for this kind of downturn of economic activity. Recessions or severe economic slowdowns are usually caused by the exchange between economic and/or financial differences during the p...

I am looking for a general contractor since I do not have time to do a soft remodel myself.

I have a two day job for two guys working it. linoleum flooring, five interior doors replaced, small counter top installed,...

I've learned a lot about being a property manager living and working outside of the US.
It was summer of 2019, my wife and myself were in the process of moving to Chicago from Zürich Switzerland. My wife explained th...

I have about 44k tied up in this house. Own it out right, remodeled everything. The house is maybe worth 55k on the open market. Would rent for around $900 monthly.How exactly does "rent to own" work? As I understand ...

Hi BP!I am in the process of buying my first property in Delaware County PA through the BRRR strategy. I would like to buy it under an LLC which I know is fine but I contacted Citi Bank to ask about a refinance portio...

Today was one of those days that makes you wonder why we do this. First off, let me mention that I work a FT W2 job, my hours are 6PM to 6AM and my commute is a 3 hour roundtrip. So last night at work, my wife call...

MikeOH and some others talk about this 50% rule. I just bought my first rental property for 22,000. When I add up all of my expenses (tax, insurance, mortgage payment), I come up with 78% expenses compared to gross ...

Hello fellow brokers. In my neck of the woods here in Boston tenants are accustom to pay broker fees and the amount usually equals 1 month worth of rent. The only problem is the landlord usually wants first last and s...