I have a 1930 3/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Last year had to dig up the sewer line in basement as there was a cracked line. Made the repair and...

Hello, I’m an investor from Wisconsin. I purchased a home via “Subject to”, I’m listed as additionally loss payee insured on sellers policy & of coarse I own the Deed. The mortgage is still in sellers name until s...

Good morning everyone,I've got an opportunity that I've run numbers on myself but wanted to "Red Team" the deal to the community to see if there are any fatal flaws I overlooked. Here are the particulars:- Located 1.1...

I have a rental condo on leased land that I purchased and fixed up in 2014.  Do I depreciate the full purchase price + rehab costs?  Since I don't own the land there is no way to split the purchase price between land ...

Hey all!I am putting an offer on my first rental place/first house in general!  After looking at the records I found that the property has wrong information listed on the County Property Appraiser website. The propert...

I have a home built in 1947 on a dirt crawl space with very little clearance. Original part of house was a cottage with two additions built on each side but clearly has settled and original floors are not level. I was...

I've read that when you pay above your normal mortgage payment each month, the extra amount is deducted directly from principal. Is this true, and do all lending institutions follow this?

I have a cousin from states who's interested to invest with me in Canada, he would like to bring in the cash and I will take care of rest, so I'm trying structure the partnership right  so both of us can befit from it...

Hello, I'm an infrequent landlord, and have never had roommates (med students) as tenants, so am unsure what this answer is.  We are currently showing the place to them, and they would like to apply.  SO:  My lease ha...

I just bought a single family house with a finished basement suite. I didn’t buy this for a BRRRR but I think I could swing it. The basement is in good shape and upstairs is also not bad the kitchen could use some upd...