I am 22 and just purchased my first rental property, a $390k Duplex right out of Philadelphia in Montgomery County. It will also be my primary residence for the next year or more. The seller purchased the property as...

My tenant has been with us for a year and a half. Rent is about 15% over market with a rent increase 6 months ago and they haven't missed!HOWEVER  ...... when I  sent a contractor over for a few minor violations (smok...

hey all, i have a scenario that may be playing out here with me soon. atleast gotta prepare if and when right.

ok i have this tenant for 15 months. is moving out by the end of august. has not paid for august yet stat...

Hi I am Brand new to this. After a bad car accident I was forced to rent out the house that I have owned for 9 years.  I had given power of attorney to my sister, She is the one rented out the house. In the lease it i...

Hi,  My husband and I have partnered with another person and we have begun to buy rental properties together (we are about to close on one property, and in escrow on another).  We own 50% of the properties and our par...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Looking for a mentor to help guide me through my journey as a new real estate investor. I live in California, but am looking to purchase my first single family rental property in Memphis, TN.  I believe I have found a...

My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...

The tenant broke the lease and moved out and left a mess
I sent the message that the secutity deposit is not enough to cover the expenses after the tenant moved out to the last known address of the tenant (which is m...

Hi,  I am renting out my first house and trying to get someone in there in the next few weeks.  I have a couple that are really interested, but the male has a felony (schedule II PITS) female has shopped lifted in pas...