Jason Campbell
Can I raise rent that has been to low for a long time. Canton, OH
I have a friend that owns a number of single family homes she rents very cheap. My friend is going through a divorce and has asked me to help manage her properties. The first thing I noticed is that she is renting her...
John Huynh
Chicago: Flooding and In-law/Garden units
I notice in Chicago that there are a lot of mult-units with garden units and in-law units. It also seems like the rain storms are getting worse, If you own a building with a garden unit or in-law unit, has yours ever ...
Steve Jeffries
Clear 401K for acquisitions?
I have a question I am sure will get mixed answers. We have had a single rental for about 11 years now, and have recently decided to give the rental business a serious effort. We bought our second rental in May and re...
Steven Brown
mid term rentals in Augusta, GA
Hi, I'm a novice investor starting the process to acquire my 2nd rental property. I'm considering in Augusta, GA which is two hours away from where I live in Atlanta. Potential for mid term rentals in Augusta seems g...
Noureen A S.
Tips for avoiding having to turn over tenants during winter/fall?
I just read through a BP blog post about how to avoid potentially long vacancies for tenant leases that end in the fall/winter.I'm closing on the rental property at the end of this week, in December. One amazing tip f...
Tamara Taylor
Buying an REO from a VA bank
I am ready to buy my first house to flip (yay!) and it's owned by a VA bank. They've been slow, which I expected, but now they want things to close quickly. I think they were holding out for a vet to buy the property....
Jenni Utz
House Hacking with Multifamily Properties: A Game-Changer for Real Estate Investors
When it comes to real estate investing, one strategy stands out for its ability to build wealth while significantly reducing your personal living expenses: house hacking with multifamily properties. If you’ve ever won...
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...
Shawn Questa
Creative Ideas to Help Distressed Seller and make a Deal Work
Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the...
Alex Silang
From a finance perspective, how does investing in a high rate environment work?
So my area has sub 6% cap rates. If I'm borrowing at 7.5%, is that value destruction (unless appreciation is really good)?Each deal is different of course. But unless you get a value-add property, purchasing real esta...