So I hired a contractor to refinish a basement: frame, drywall, skim coat and paint walls, paint ceilings (joists) and concrete floors, add a bathroom and laundry room, update electric. Work is going well enough, but ...

Currently have a deal in the works. It's more than double my last purchase, and that one I got somewhat led by the nose throughout, and it brings some concerns with it. The main concern is his relationship with curren...

My friend has a water loss and damages in a rental property.
The adjustor came and had estimate already.
No injury.

But the insurance company finding all different excuses to delay my friend’s claim payment for ...

If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?

Hey guys,My business partner and I just found the first property that we are interested in making an offer on.  However we want the offer to be contingent upon an inspection revealing that there are no structural issu...

Hi, I'm stumped for language to include in an offer. The Seller has agreed verbally to us paying him $5k (for his pocket) plus the code enforcement liens and back property taxes owed on the property. We know the amoun...

Just about to start out with our first investment and may have found a property to BRRRR, but want to make sure that it’s in good enough condition for what we are looking to do. I know I’m supposed to add some sort of...

My project is finishing up today.  Unfortunately, I will be going out of town for 2 weeks so I am hoping for the good will of people here to provide a speedy response.  :)This is my first time dealing with this, so I ...

Background:

One of the agents in my office just got a nice short sale listing. I plan to make an offer of 600k and market value is around 740k. I will get funding and the deal to close 31 days after I close the A-B...

I am very concerned as the duplex I am closing on May 2nd has a tenant with a 1 year lease just signed a month ago but the seller won't provide the actual lease, and in the purchase agreement, the condition was to pro...