slumlord is a pretty harsh term, however, let's say-Its a rough neighborhood (some spray paint and busted windows on various bldgs)-A bunch of 2-4plexes on the block-the living conditions of current tenants is bad (pa...

I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...

I know I want to focus on multi family buy and hold but I have not made a purchase yet. I plan to purchase a few this year to get my feet wet and find out a good cycle of dealing with tenants. I plan to do my property...

More horrible news from this sad city.  Btw, Seattle City council approved an ordinance making criminal history "off limits" on rental applications. Maybe not a good idea.
https://komonews.com/news/local/ballard-800-...

So it appears that the GSE model is officially being declared dead by the Obama administration and is nearing major reform from what I am reading from a number of sources. Any thoughts on what this means for us going...

TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck.  He sent threatening...

Hi, everyone! I was sitting around with a few members of a Meetup group I am in. The question was asked "if you only had $500 to start your first business, how would you use the money?" So, I thought it would be an in...

Hi folks, I'm interested in buying 1st out of state property since CA is too expensive. Looking to buy SFR or small multifamily (2-4 units). Need financing or I can do HELOC out of my own property. Price range is bett...

Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...

I have bid & won more HUD homes for my investors than I can count, and I use a strategy that I have been hoarding all to myself for several years. A few of you may already have an inside track and are familiar wit...