The property manager I've used is shutting down. They reviewed their records for final accounting and **surprise** they forgot to bill the tenants for a major repairs a couple years ago. I'm the owner and, while I kne...

Hello & thank you to all who contribute to this post. I am currently living in a detached single-family home in Niagara Falls, Ontario (some details below) and am debating keeping the house I purchased to renovate...

Hey everyone! I have a tax question to run by you before speaking to an accountant and paying a fee for that! 
We took over management for an owner of a 4-plex this year from a company that was shutting down the prop...

Hello,I am the Trustee and Executor of my mother's Family Trust and, per her Will, and now, after her passing, am in the process of selling her home. The beneficiaries would prefer not to go through the process of pu...

All,I've been attempting to work this issue out but cannot seem to find the best solution.  Renter's lease expires in August, good time of year in Northern NY for lease to expire as winter is a bad time to move.  The ...

Hey All,I bought a small triplex in September 2020. Now because of personal circumstances I am selling.I just accepted an offer. The buyers had an inspection done and are claiming roof needs to be replaced because of ...

I just bought a fourplex and literally the day after I closed one of the tenants had his job relocated. He still has 8 months left on his lease and he wants to break it.  My initial reaction is to charge a three month...

Hello! I am a new investor, and just bought my first 4 plex for full asking price, 540,000. We just had our inspections come back. The roof only has 3 years left with a $14,000 replacement estimate, and there's a litt...

Hey everybody, here is a case for the creative forces of this community. Please feel free, like free-free and I mean really free to pitch in. :D
Ok so here is the deal, house is severely under water, according to se...

In a book I'm reading, and example was given thus...

"If the current market for a type or property required a 9% return on the capital invested..."

My question is how does one determine the current market "required"...