If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...

I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...

Does anyone have strong opinions either way about purchasing turn key properties for buy and hold investment?  Have you had success with them and stand by the model, or on the flip side, have you had a negative experi...

Has anyone heard of myhousedeals.com and if so what do you think of them?.

Hi All,

I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...

Should I find a new real estate agent?Small Multi family deals are hard to find in Atlanta, not seeing many deals that are even close to the 1% rule. I ran a property I was looking at through my spreadsheet that accou...

Anyone have any thoughts on this?

My 2 favorites I know of:

-PayPal'ing the cash to myself (3% fee). Although they've given me a slap on the wrist for this.

-Amazon WebPay'ing the cash to...

I was thinking about getting my license to become a loan originator. Its only 4 days worth of class time and it costs around $300.
With this I could also do loan originations for other people and charge a fee.

Do yo...

I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...

When screening tenants, in addition to running a credit report, checking landlord references, and checking bad tenant databases I also try to check the applicant's social media accounts. Some people have their account...