About 2 months ago I have purchased my first rental property. It was a foreclosure, in pretty bad shape; needed a lot of work. It's a 800 sq ft ranch, no basement, 2 bedroom, 1 bath, 2 car garage. I paid $15K and with...

I bought three 8-unit buildings in November.  Inspection revealed that one building had a cockroach problem that seemed fairly isolated to one unit where the tenant was really dirty.  Other tenants complained about se...

Looking to purchase my first duplex. What numbers do I specifically look for in “Making the numbers work”? I know enough that if a duplex both side rents a couple hundred dollars over the mortgage than you’re in the g...

Short Sales Plan closer to finalization

According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...

Hi All,I'm new to section 8. They canceled the first two inspections and now I'm running out of time if there are any issues. The house is located in CT. I've looked everywhere but I can't find info on two things. Fir...

Since we live 4 hours away from our properties, we have a property management firm.
A year ago we personally inspected the properties prior to putting them on the market for sale. We found the condition of one house...

I'm trying to bootstrap my business with virtually no money (in the absence of a 'no money down' or 'subject to' opportunity). And have come up with a loose plan.

My income is not great but the condo i bought...

For those who have rental properties, can you mention what costs you generally cover for your tenants?  Do you cover items such as lawn maintenance, extermination, alarm and cable services?Also, do property management...

Hi all, I've got a potential deal, and I'd like to hear your opinion. I've broken out the information into four sections to help make the post digestible: seller info, property info, financials, my questions to the co...

Hey everyone,

I'm working on a blog post, called (tentatively)

"100 Tips for Selling Your House Faster, Easier, and For More Money."

I think I have like 6 ideas... so I have a ways to go. Can anyone offer their ...