Without going into the fraud and embezzlement by the judgment debtor, I will just go into the specifics of this unique collections situation.10 years ago, this husband and wife were investigated by the state attorney ...

1/1 MH

Lot rent 525

My price 2K

Target Sale Price 4K 500 Down

The beauty of this deal is the owner is willing to "float me" the home. Meaning I don't purchase the MH until I have it sold.

I have several interest...

I am looking into a 25 apartment unit. Here are the #s:

List Purchase price- $745,000
Down payment- $90,000

Gross Rent (with 5% less vacancy)- $171,420
Less Expenses- $82, 930 (46%)
Net Income- $88,490
Mortgage/Deb...

If I'm purchasing a rental property under my name should I still set up my own business in terms of collecting the rent and handling any problems? I want to go into this being as professional as possible while still ...

I've just recently started reading up on RTO programs and was wondering if anyone with experience in this could weigh in on my thought process. Typically renters don't keep up the property very well and many repairs n...

Hello,
I need some guidance on how to handle first month rent, security deposit, and cleaning fee.
To explain, I am currently living in my condo with all of my furniture and I have it up for rent and I have someone ...

For those of us who are new to rental ownership ( 3 units) what is best and easiest to use software for accounting that may allow managing another different business at same time?

Hello Everyone,
My sister and I recently inherited a paid off rental property that nets around 20k a year. This house is held within a living trust that my parents set up. All assets within the trust are supposed to...

Hello, I'm a new landlord and I'm wondering whether other landlords will make the tenant (who passed background, credit check) sign a rental agreement and all paperwork on the day they give you the security deposit? I...

Hi BP, First a little background on my situation: I am married with two young boys, ages 2 and 4. My wife is an MD and earns $200k+/year.  When we had kids, I was working as a traveling nuclear reactor technician and ...