Good morning,One of my tenants reported a leaking tub and mold on the wall and floor in the closet which I assume is next to the bathroom. The tub is cast iron, the area around the drain metal piece got rusty, as well...

I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.

I've done my preliminary due diligence and reviewed the numbers. ...

So this deal is as such:
545k, plus 19k to the wholesaler.
14 units of efficiencies, 2 units of two beds.
2015 gross was 101k, plus 4K from laundry coin machines.
NOI was 61k, landlord pays all utilities for the effic...

I have no problem admitting that I don't know squat about renovating or rehabbing a house. I had always thought those kinds of topics were for more "advanced" investors or actual hobbyists rather than beginners. Howev...

I've heard stories about people blowing out their budgets because of codes related to things like window size/height in bedrooms, electrical and plumbing stuff, even things like having to expand the waste lines when a...

Some questions for those of you already involved in this business:

1. How many hours per month do you estimate you spend managing your own property? (example: one 4plex)

2. What percentage of your tenants stay at le...

So I decided I will start a thread about a project that is currently in its infancy. When the project is completed, the value of the property will essentially double (I have Leases already in place for when the projec...

Hi everyone. I recently purchased a property in Providence and it was listed as a 4 unit and the building really does have only 4 units in it. However in the tax record this is listed as a 5 unit. The deal was made as...

I've got a handful of singe family rental properties that I mostly completely renovated when I bought them, but I am starting to look at what I should be setting aside for capital expenditures and am pretty blown away...

Hey, I just purchased my 1st rental property a couple months ago. In June it will be 6 months since the tenants have been in place. I would thinking of doing a 6 month inspection at the property. What u guys think out...