The U.S. rental vacancy rate is now the highest it has ever been, at 11.1%. This is not at all what we expected when the housing market crashed and mortgage companies started going out of business in record numbers.
At that time, the prediction was that landlords would actually benefit, because people who weren’t able to [...]
I purchased my first investment property in Victorville, CA. It was an REO that looked ok on the outside but I had no idea what I was going to find inside. When I opened the door to take a look inside I couldn’t believe anyone could live in such conditions. The place looked and smelled like a garbage dump. I am not kidding, it literally looked like one. Roaches would cascade down doors I opened them up. I think they were upset that I disturbed their sleep, lol. The previous owners pets no doubt had full range of the house, but especially in this one particular front bedroom. The smell of urine was so bad you needed a gas mask. Even though the property was in need of many repairs it was still a great investment.
A while back, I 
Joshua Dorkin
Charles Feldman
Ted Karsch.
Landlords: We Have to Police our Own Business!
by Brendan O'Brien | October 18, 2008Have you ever seen those polls which list different groups and industries by how much respect they get from the public? Real estate agents and used car salesmen usually rank near the bottom. And while I’ve never seen the rental property industry evaluated in any of these polls, suppose we were included? Suppose the American [...]