Hi there!I'm a new REI and am closing on my first rental property (a SFH) today. I'm also closing on another in a few weeks. I'm planning to acquire 20 properties over the next year and a half or so and have funds set...

Hello Fellow Investors,

Last September I purchased a 3-day seminar for $800.00 from a San Diego real estate "guru" who was a featured speaker at our local Santa Barbara REIA. The seminar has never been deli...

Okay, so I found a property listed as "Bank Owned".  Trulia says it's listed by the bank, but Auction.com is auctioning it.  I'm trying to determine what might be left to pay after the auction.  It doesn't specify whi...

My now ex tenant, the one detailed in earlier posts concerning his drug dealing, has been in touch. I had written a demand letter for over $5k of damages to the unit, backing this up with invoices for painting and flo...

I am in contract on a 6 Unit with an oil tank that can't be removed for being to close to a utility pole, seller says he won't mind if i back out of contract based on this. (He has another buyer that will take it as i...

I’m house hacking a legal 2flat. I would like to transfer the building to an LLC. For two reasons; 1. Avoiding liability 2. To remove the rental income generated to me personally and have it towards an LLC. Has anyone...

Looking for advise on how to select a company to perform a cost segregation analysis on a 6 unit apartment that I purchased in May of this year.  Property is located in Dunedin, FL in the Tampa/St. Pete area.  One loc...

Hello reader, thanks for stopping by.I bought an apartment I plan on renting out. It’s a studio. The previous owners didn’t disclose that they had a mold problem. It smelled a little musty when doing the walkthroughs ...

This is in Missouri.  One of my tenants stopped paying rent in October.  He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit.  His lease run...

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...