Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...

Landlord certification and lead testing costs have become a major issues for landlords in Detroit.   This is great for buyers as it is beginning to weed out poorly capitalized owners.   However, it is also proving to ...

Hello - first post here. A little background - I just purchased my first property in the Cleveland area, a duplex, and am renting one unit out and living in the other. I will (most likely in ~2 yrs) be relocated with...

I thought I had a great deal on a 4 plex, and got 20% off the list price.   We have a contract for a cash purchase.   The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...

Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...

Hey guys, I'm fairly new here so if this is not the appropriate forum, forgive me. I'm interested in hearing your ideas on what improvements you'd recommend for the exterior of this 4plex to improve curb appeal. This ...

Good evening.  I hope all of you seeing this post are doing well.  I am a novice to the real estate investing world.  I unfortunately was not afforded an opportunity at a younger age to be exposed to the power of pass...

Hello,

New owner of a 4plex with 60amp electric service. There are 5 electric panels with fuses: 1 for each unit and 1 for common area electric.

In trying to get property insurance, two very large insurance compani...

Hello,So I have this idea to buy a duplex/triplex in my college town near my hometown. I want to buy a decent home, live in one side and rent out the other units. I was wondering if anyone has done this before because...