Thanks in advanced to those who can help guide me through or shed some light on the following scenario. What would you do?My wife and I are looking into buying our first duplex. Its in a desirable area which can bri...

One of the units I recently closed on is in need of some touch up work.  It is now vacant, but the previous tenants lived there for over a decade and had no concept of personal hygiene.  I don't think they ever bother...

Hello all, 
This is my first question posed on B.P.! My question is simple. I am set to close on a property this month (a triplex). The purchase price is $48,000 with 25% down ($12,000). So my loan will be $36,000. H...

I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...

Hey all you smart investors out there. My boyfriend and I have been looking into long term vs. short term rentals for the last year now and have recently started to lean towards short term. We currently house hack the...

We just closed this past week on two duplexes in Eustis, FL. These are our first multi-family properties, so we're pretty excited. We bought them from Fannie Mae through HomePath, which a great story in itself. They w...

Hello,My family owns 105 single family rentals with an average rent of roughly $650-$675. The tenants who generally rent from us are working in low-wage industries or collecting SSI disability checks.  My father has c...

Paint a ceiling black??Just bought a 3/2 982 s.f ranch built in 1966. The basement is partly finished but will need demo of the current drop ceiling. The ceiling is around 7 feet without the drop ceiling. Not keen on ...

Very interesting read.... Live to know the thoughts if people in this forum, especially people from seattle, washington or anywhere in washington state actually.

I just copied and pasted the article....

Gov. Insl...