Hi All, Would love some advice!My Scenario:I have 3 properties total1st house - I have a mortgage on about 50k and I have a HELOC on it that I haven't used2nd house - house is paid off and I own free and clear, it is ...

Hello...I have a tenant who is not paying late fees.  He pays late always past my 5 day grace period.  Sometimes I have to mail a 3 day pay or quit, and he pays up.  My lease states clearly a 50$ late fee, and I even ...

Excuse the rant:This is the second time air bnb had screwed me on damages. First time my place was trashed by some festival goers (puke and urin on beds, beer everywhere) and my maid cleaned up and disposed of the tra...

There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...

When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...

Hello all,

I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...

Hi, Recently my offer was accepted on a 22 unit MHP . It's taken a long time. Park owner filed bankruptcy, he's been out of picture and i've been negotiating directly with bank. When owner left town he didn't leave an...

We’ve offered them incentives, we’re honouring their preferred showing times (which is very restrictive) and doing everything we can to make this easier on them. They have a sick child so we offered them half month’s ...

Hi,  I'm a newbie to the industry, hoping to buy my first rental property this year.  I'm considering using money from my 401k as a downpayment on an FHA loan.  I want to househack a multi-family and live in it for a ...

I’m 25 years old and I have been saving for about the last 2 years to be able to start investing in real estate. My biggest concern is that I’m worried may still not the the time. My ultimate goal is to make enough mo...