rentals: How Far Away Are Your Rental Properties? - 11/15/18 05:33 AM
Do you own rental properties? (You should.)
I’m asked, from time to time, if it’s better to live near the properties that you plan to own for a long time, rental properties you plan to hold. Naturally, the “correct” answer is what is best for you – what fits your goals, preferences and needs. But I have a very definite answer for myself, so following is my preference and my reasons for it.
I own over 100 rentals and they’re all within a 20 minute drive of my home – probably 95 percent within 15 minutes. Why? Because I started out managing all … (1 comments)

rentals: Is the Cost of Owning Rentals Worth It? - 10/23/18 07:49 PM
I’m strongly biased in favor of owning rentals, so my short answer is “yes”. Read on to find out why I absolutely love owning rentals and believe everyone should.
There are so many reasons to hold rental properties including:
you get amazing tax breaks (deductions and depreciation) while you own the tenants pay your mortgages for you when the property is free and clear, you have major passive income coming in for life If you rehab and resell an investment property, you get quick profit. However, Uncle Sam takes about 1/3 and you have to go out and do it all over … (0 comments)