I'm considering placing an offer on a house that has an issue with the basement foundation. The Point of Sale inspection has an item that simply states "replace damaged foundation." Here in the Cleveland Ohio suburbs,...

For bookkeeping/ tax purposes: if you replace an A/C unit and hot water heater does it get categorized as a capital expenses or repair cost? I have been researching to ensure I log it correctly in our bookkeeping soft...

We have a duplex with two great tenants. 2 weeks ago both sides flooded due to broken water main in front yard. Of course it was my side of the meter so we paid about $2k to replace the entire run. Now the affected te...

I am preparing to go to small claims court on Wednesday for a dispute with my landlord. I moved out of an apartment after 6 years on September 15, 2018. My security deposit was $1150 ($800 regular and $350 pet). In my...

So I received an extremely high utility bill for one of my properties that is vacant.  Total water usage was close to 69,000 gallons for September.  It appears that high water usage was present between the dates of 9/...

Good Evening Ladies & Gentlemen, 
I am a brand new to this multifamily investing. I closed on a property recently and I am on a transition of slowing moving into the the property since it's a 40 min drive from wh...

Our tenants of 7 years are moving out next. They have asked to break the lease with 11 months remaining. When I went over to prepare for a showing I noticed there was water damage on the ceiling and a bunch of tiles a...

I have a late nineteenth century home with a stonecut foundation.  There were sumppumps and a vapor barrier with gravel ontop installed before I bought it.  however I am finding standing water in the basement ontop of...

I have read some different responses on what to charge for when tenants leave.I have 2 tenants leaving this month.  For the one they were there a year and had some minor paint damage / holes. Cost of repair is $150. I...

Between tenants I always install a drainboard under any sink cabinets. I just put a 1x2 in the back against the wall and put in a new bottom with any scrap plywood or masonite. This creates a flow of water from the ba...