I have a 36-unit property under contract in Columbus, OH.  It's built in 1963 and has the old Federal Pacific electric panels.  The inspector said they present some fire hazard and some insurance carriers will not ins...

Hi everyone,So I'm in the middle of purchasing my first multi-family house and just had an inspection done this week. There was one big issue that came up during the inspection. The egress (emergency fire exit) for bo...

Hello, a friend and I are starting a property management business very soon. We both have our real estate license and understand how important it is to have a great property management company looking over people’s as...

I am ready to buy my first rental in KC MO. I live in San Diego. I would be purchasing it from USREEB. They have rehabbed it and have a renter in it already. They gave me a big checklist of everything they replaced as...

I purchased my first duplex, out of state, over the summer and am now preparing to do my rental property taxes for the first time and have a few questions on deductions.Is the home inspection deductible?I initially ha...

I have an offer in on a property and I want to know if I am taking on too much risk.

The building will cost 70K with a down payment of 15K. Seller carry IO 55K for 5 years at 9%.

The building is 70 years old, with ...

Last year Me and my friend backed out of off market deal 16 units @ 5 buildings price:1.037M in a population declining city which has 3k in population size. but i heard from town that rentals are always in demand. sel...

My understanding on this is that if you build it unpermitted, the benefit at that time is that your property value likely won't increase because the square footage is not assessed to increase the value of your home an...

HiWe recently asked for fire retrofit inspection of our building as it is needed for refinance, some of the units didn't pass audibility test, so we added wireless interconnected (battery-operated) alarms into the uni...

Soooo, I had a house visit yesterday and noticed something weird.

I went into the basement and the owner had the oil tank enclosed behind a sliding door. The home is no longer heat by oil. It's been updated to natur...