I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...

Please share your "Why?"
Here's mine: Personally, I believe in real estate investing  because I don't believe in job security.
This has been my experience...I have worked since I was 15 years old, mostly for small b...

This may be mind boggling but I do not quite understand how wholesaling is considered real estate investing. Please explain. AY

Hey all!First time post but I have been following BP for quite some time. I'm facing this dilemma of whether or not I should hold on to my million dollar, unrealistically tiny town house. Here's the situation:  Situat...

Hello, I am a relatively new landlord and would appreciate the input of more experienced landlords. I just finished renovating a very nice 1950s house in Charleston, SC and am interviewing tenants. I love the house a...

What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...

Hi All,I'm currently listening to @David Greene's book Long Distance Real Estate Investing on Audible (which is a great way to learn I might add) and I'm getting excited about buying some properties out of state. I cu...

I formed my LLC a few months ago using a service, and received the Articles and Operating Agreement by mail from them.

The service advised me to make the LLC "Manager Managed" (with myself as the...

At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.

The way I look at it, the company match basically protects my contribution from inflation, and any fund i...

in process of buying a duplex, the duplex has tenants who live there for 4 years already. the rents are way lower than the market rent because the seller hasn't raised the rent for 4 years. Not sure shall I vacate the...