Hello All,What are your thoughts on the mass exodus of citizens out of Puerto Rico? Are you hopeful that the economy will pick up and investing in this market will be fruitful in the long run or are you staying clear...
Well it's happened. people are applying to rent our units with their emotional support pitbulls and other animals . Of course we follow all fair housing laws . but what we need to do is weed out people that have legi...
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...
I'm super green with everything to do with REI. I'm more excited than fearful at this point which is why I know I'm ready to jump in and look for my first investment property. I started learning more about real estate...
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
I have that typical one property (fourplex) that gives me a monthly headache when it comes time to collect. I'll receive all kinds of stories on why they don't have the full rent, can I pay you rest in two weeks, etc...
Hi folks!My name is Gorden and I have just started my real estate investment journey with an out of state buy and hold rental property and planning to buy some more in the near future. Closing the first deal has been ...
I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...