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Rental Properties: Should I use an accountant or tax preparation software?

One question that I have repeatedly gotten is if accountants are worth it or should a landlord just do it on his own, when it comes to income tax preparation.…

Better ways to track your property income and expenses

The first year I purchased a rental property, I think the “shoe box” method was what I had used most of that year to track the property’s income and expenses.…

Your profit is determined by your purchase price

I just wanted to do a quick post on the importance of paying the right price when you purchase a property. Here is an example. I am bidding on a…

On-site Tenant Manager – good management practice or potential pitfall?

Sometimes the questions that I get from tenants are useful in helping us rental property owners to think through some of the management issues that we face. For example, I…

Questions on Buying, Owning or Managing Rental Properties? Ask them here!

Although I haven’t posted in awhile, I’ve still been monitoring the site. Readership has almost doubled over the past six months as people have checked out this site to help…

Reader Question: Contractor or Home Inspector?

I just received a question from a reader asking, “Do you use a team of contractors or a property inspector to look at the rehab that is going to be…

Purchasing Commercial Property (Part 7 Commercial Contracts)

It’s been awhile since I have posted. For all who have been looking for this next article, I apologize for its lateness. Between purchasing and rehabbing the building, advertising for…

Purchasing Commercial Property (Part 6 Negotiation continued)

So in my last post in this series I placed the “best and final” on my target office building and and guess what happened? I LOST! Okay, you may be…

review: www.bruce-germinsky-realtor.com

I was recently contacted by real estate agent Bruce Germinsky out of Monmouth County, NJ to do a sponsored review of his site. I don’t normally do what I would…

Purchasing Commercial Property (Part 5 Negotiation)

Based on the factors we discussed so far with my target property, I decided that it was worth pursuing. I liked the location, the layout and the potential income from…