In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...

I am preapproved for a loan for a rehab that includes rehab funds. I need to bring 20% to put down which we have, but I have a private investor willing to put in the 20%. I initially thought to pay him 1 pt per mont...

So I am curious, a friend of mine and I are working on a flip and some of the rooms have wallpaper all around. One of the contractors we spoke to mentioned that it may be cheaper to just put drywall over top instead o...

Hi, I am living in South carolina and wanting to start investing in real estate. I am looking for a great market not only in south eastern market but better if its close.  I am wondering which market will be great to ...

I have been looking at a 3-family house but when I run the numbers, the cash flow is in the red something like $230. Are there times when the numbers aren't showing the true value of a house? I asked him if he'd be wi...

Hi everyone,Just looking for some advice on how to manage finances. We are set to be closing on a deal that would put us at 23 units total spread across 3 properties that we are self managing. We will be using Cozy fo...

I have been doing this LL thing for 6 years now. My average annual vacancy rate for my business is around 7%. That is taking all the occupied weeks and dividing by all of the available weeks (X100).

I usually have ...

I am looking for a house in Austin and every house I find that I like that is priced well ends up being a multiple offer situation. How do I handle such a situation? I usually offer about 5K over asking price. I...

Just purchased an investment property built in about 1960.  We've just about finished repainting the interior, but there is a persistent (what I call) "old house" smell.  It's not from a former smoker, and it doesn't ...

I'm thinking of attending one of Rich Dad's Free Workshops in my area next week. It's a 2-hr workshop, & attendees receive a free cd entitled "Budgeting Your Money", which I'm really interested in hearing. The wri...