Say you had 2 properties. Property 2 suddenly needed a new roof. How do you know if you've saved enough in cap ex funds to pay for it?   I can't imagine each property will have its own separate bank account. 
I guess...

What can I do as a buyer about a seller unmotivated to close?
I was set to close on my first house on 2/24. The day before, there was a chimney fire that caused some damage. Insurance paid out to the seller for the ...

I recently bought a tax certificate in Russell County, AL.  The house is clearly abandoned, as there is no power or water, and the house is completely overgrown.  We've also had a sign on the front door for more than ...

We are considering converting our residence we have owned over 20 years to a rental. Would that forever eliminate the opportunity to take the capital gains exclusion if we sell in the future? Does the number of years ...

The life expectancy of electric baseboard heaters is about 10-15 years, but according to the IRS Depreciation schedule, would electric baseboard heaters qualify as a "furnace" and have to be depreciated over 27.5 y...

My deal (first one):
I have a 3/2 SFR in a good neighborhood, it's a short sale.
My offer was accepted and is currently going through the banks underwriting.

So my question is. There is a tenant in place.
If I keep t...

I am looking to close on a NNN property. I find it a bit highly priced psf (370 psf) but reasonable based on tenant profile and ROI. its basically 7.1% ROI of a national dental chain in Southfield MI paying about 25++...