This was my first investment property. I bought it in January last year at auction for $3500 but it needed a lot of work and had severe termite damage. I camped out in the property off and on for 4 months getting it ...

I have a pair of duplexes.  In Pennsylvania if that matters.  One causes no problems.  In the other, the downstairs guy is shaky but at least he tries to keep his rent paid.  The upstairs guy, who I'll refer to as "Uu...

Why are property taxes so high in Cleveland, Ohio, relative to the sales price? I saw a duplex listing price of about $90k with good cash flows, but my goodness.....the property taxes were $4800. This is about 5.5% of...

My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental.  Our dilemma is choosing between two couples we met today.  Please help us!!!  Keep in mind, this ho...

Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...

Hi all, I have a mid-range rental that currently has 12x12 ceramic tiles in the kitchen, which is about 12x14 in size. The problem is the house is about 100 years old, and the floor underneath the tile has several pro...

Hi all, I am wondering how you approach a property purchased as foreclosure to find our if it’s occupied. Can I just show up, knock and if no one answer kick the door in? (I wish). If it is occupied how should I appro...

Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...

First of all, Merry Christmas!  I hope your holiday is full of love and laughter.   I need your help, I am a bit out of my element.  I have  rental properties, but this problem is foreign to me.  It has me very worrie...