Hi BP,I purchased an older (circa 1930) multi-unit building in Pennsylvania.  I inherited 3 sets of tenants under conditions that were concerning at the sale (i.e. no leases or rental history), but I understood that t...

Are you familiar with Low-Income Housing Tax Credits (LIHTC) or cost segregation studies? Both are individually great tools for real estate investors but when combined, real estate owners can greatly maximize their ta...

Hi all!We are on day 3 of our option period.  House and termite Inspection completed today, contractor set to come look at the place Monday and give me a bid (will have inspection report in hand by then as well).  Nex...

I am working with a client who is retired and can buy the property for cash but wants to leverage.They are retired with little income, yet have lots of assets.  Thoughts on how to get reasonable, longer-term (5-7yrs) ...

I came across this story today on the Journal of Light Construction website, http://www.jlconline.com/leadsafe-practices/storm-...What are your thoughts concerning this development? Do think other states will follow M...

I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...

I just purchased by first property and I'm in the process of getting one of the units of my newly acquired duplex ready for rental. How do I test for lead paint, and should I have the house tested prior to re-painting...

I'm a strong believer that a house-hack is one of the first steps to wealth and financial freedom.However, this one rule is overlooked and constantly kills deals before they even happen:The self-sufficiency test. I ta...

I am in Cleveland OH and they have passed legislation to require landlords to bi-annually have your rental certified has lead free.   Home owners are exempt, obvious arbitrary and capricious enforcement but I digress....

Hello BP community!  Question:  when buying raw rural land, whose responsibility is it to 1) perform the perc and mantle test and 2) put up the property markers?My fiancee and I are looking at a piece of land in CA th...