Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...

Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...

Why do our renovation expenses seem to be so much more expensive than investors I hear on BP podcasts or at conferences, etc.?  I hear investors repeatedly quoting renovation expenses of value-add apartment renovation...

Hey all! I'm nearing the latter part of my 1984 renovation. It's a split level that I bought in original condition, including a 1984 ancient-looking air conditioner and all the things that come with a house of this na...

We have a tenant that pays by money order every month, but when she mailed this month's rent it never arrived. She sends it with a tracking number since it's a money order, and we can see that it actually IS lost in t...

In August I went under contract for a 6 unit (2 building) property. Three units receive section 8 assistance. One of those tenants appeared to be trouble from the start. The seller advised me of issues she had been ha...

Hi everybody,  I'm not sure if this has been talked about much...   I looked through the forums and didn't find much...  so sorry if it's a repeat question.Currently I pay for all utilities in the bungalow I rent out....

Hi All! Happy New Year -We just discovered a property we purchased last spring (2022) had a tax lien on it that had been sold in late 2021. Notices had been going to the seller. The lien was put into foreclosure about...

My husband is in the process of buying a house (our first very own ) -a short sale we located, in NJ -seemed a really good deal at 250K in a neighborhood where any house worth buying would be in the mid 300K range....

I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...