Monthly Archives: November 2009

5 Reasons Why Rental Properties are the Best Form of Passive Income

I, like many people, own stocks, bonds, mutual funds, IRA accounts, foreign currencies and a couple forms of passive income. Wow that sentence had a lot of commas! However, if I was to draw you a pie chart depicting how … Continue reading

Posted in For Brand New Landlords, For Up and Coming Landlords, Other Passive Income Ideas | Tagged , , , , , , | 3 Comments

My first property to get a tenant with a Section 8 HUD voucher

Out of the 38 properties I’ve managed to accumulate in this business, I must say that my favorite is definitely the one that is currently occupied by a tenant with a Section 8 voucher.  The rent is always paid on … Continue reading

Posted in Handling Tenants | 13 Comments

Evicting Tenants!

OK, it’s illegal to board up the property with your tenants still inside and burn the place to the ground to collect the insurance money and solve your bad tenant problem at the same time, but I can understand why … Continue reading

Posted in Handling Tenants | Tagged , , | 5 Comments

Keeping Your Properties Occupied!

If you have multiple houses or apartments that you rent out then it’s very important to make sure your properties are not sitting vacant. The bankers will want their mortgage payments every month whether you have all or none of … Continue reading

Posted in For Seasoned Landlords | 3 Comments

My First Tax Lien Investment!!

Success!! I purchased my first property tax lien in September 2009 (two months ago from this writing). I spent $4,500 at the auction in order to win the bid. The original tax bill was only $480 but the bidding wars … Continue reading

Posted in Tax Lien Investing | Tagged , , , , , , , , , , , | 2 Comments

Writing Articles for eHow and other commission friendly websites

My wife and I started writing articles for the website www.ehow.comback in September 2009. We are thrilled so far with the results we’ve seen. eHow is basically a “how to” site that provides guides and instructions for just about everything … Continue reading

Posted in Other Passive Income Ideas | 5 Comments