To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves. New England Journal of Medicine just published a case report of the di...
You always hear about rental properties as passive income. Well I totally disagree. Even with PM in place, there are still many active activities when it comes to direct property ownership. Yes, it does take several t...
I have spoken with several of you by email and phone the last couple of weeks about Gatlinburg investing and the increasingly imminent recession. I decided to write a blog post on the subject today. Feel free to che...
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
Hello everyone. My name is Traver Freeman, I'm new here and I live in San Diego. I did a quick search and there seems to be lots of new folks from San Diego in the past few months. So hello from another one!My wife an...
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
My awful tenants in Hawaii have had a last-minute drama. Over the past 4 months they have incurred numerous HOA violations, the police breaking up fights about 2-3 times a week, flooding of my kitchen causing $6,000 o...
Hey there everyone! It’s been a pretty awesome (and hectic) 11 months for me. I went from having just one rental at the start of the year, to having 3 houses close at the same time, with rehabs of various difficulty...