When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...

my lawyer intially said his cost is $500, but just got billed for add'l fees  for filing, etc, and the total  is $975 !!what is the typical cost for evictions these days? does this seem unusually high? i'm in NY---tha...

I am looking at a property where on the same lot are two buildings.

One building is a 4/2 home. It's own water meter, it's own electric meter, it's own mail box, it's own washer dryer everything.

Set t...

Would be happy to hear about anyone buying a 2nd mortgage at Sheriff Sale or advise.Here is what I am looking at per the Owner and Encumbrances Report I pulled-1. 1st mortgage from 5/1999 securing the original amount ...

Hi there ,So I’ll soon be closing on my first deal, it is a vacation /ski rental , numbers are as follows .Sale price: 130,000D.Payment 26,000Renovation 25000Arv :160,000 Annual rental 15,000Now for the part where I’m...

Hello BP,I am a NJ and PA investor but travel to St Paul/Minneapolis a lot to see family.  I'm considering looking into buying MN multifamily but heard it doesnt have very favorable landlord/tax laws.  Anyone family w...

I think it would be more difficult for me to come up with good tenant stories, the horror stories come easy.

1. One of my tenants who I was evicting lived in a unit where I payed all of the utilities, he moved out in...

My tenant let me know last month that their power bill was about double what it had been.  Since it was really cold, I wasn't concerned too much about it, but still had an HVAC tech go check it out.  I wanted to make ...

HelloSo I have a small mixed used property and two of the units are occupied by a restaurant.  One is a small building with the actual restaurant and the other is just for additional storage.  There is a shed like roo...

Hello,I am working on getting an offer in for a duplex for a potential house hack. I have run into a scenario where a friend of mine who is a real estate investor who is doing well recommend me to put down a good amou...