Quick question as I've never done this before. I'm starting the process of applying with a few lenders for various products (HELOC, 2nd mortgage, refinance, etc.) that can help me take equity out of a rental property ...

Hi all,I am conducting my first tenant screening process and would like some advice. I have received an application from a prospective tenant who has several collections (from 2009-2012) and judgments on their credit ...

I am both the landlord and roommate, dwelling in a house with multiple roommates.

I have a few questions:

1) Tenant has paid, but been late with rent every month.
I have not yet assessed the late fee ($30) that is ...

Trying to purchase a short sale for the first time. This is a single family house that I'm hoping to live in. Current owner is an investor and was trying to flip the house but "ran out of money". The property is in fo...

I am curious what ppls thoughts are on Estate Planning, and how often you update your Will after purchasing more and more property?Any insights welcome!

“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...

I read a recent article today. Wanted others thoughts on it.Mortgage Home Loan Crisis

Hi all,In a bit of a predicament on my first deal. This first one has NOT been easy and we have been under contract for nearly 2 months now, but I am committed to make it work because I think it is a good first deal.I...

We're currently trying to rent out our first property. We are asking $900/mo + utilities, and have two interested roommates. They don't want to lease until May 1, but we are signing it Friday. I have a few questions.
...

I have a rental in a poor area that has only until recently been managed by a realtor who placed whomever they could find, in my rental.  One tenant  has not paid the rent since the first and has had her car taken awa...