We need some good advice please.  We have a sfr we paid cash for and is worth more than when we bought it.  We have a great house we'd love to get but we cannot quite get the down and closing costs right now.  If we w...

Regarding a two-unit I'm looking to buy, hold and rent: What am I missing in my calculations?  Also, do my estimates seem to be appropriate?Data: A potential offer: $95,000  --  Closing cost: $3,000  --  Initial Renov...

Thank you all for the wonderful information in this forum!
Question: How do you appropriately price performing 2nds? Let's assume a nonjudicial state with seasoned pay history.
Do you price based on a certain IRR,...

I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...

Hi all,I just received a letter from the lender on my primary home stating that I have an escrow shortage and that my new monthly payment is going from $1,138/month to $1,306/month (a 15% increase). I've never had an...

Hello!  I want to pose a hypothetical example.  If I buy a rental property for 200K where land is valued at 50K and building at 150K. then i can depreciate the building at about 3.6% annually or $5455 in dollars.  Let...

In Pennsylvania, tenants who occupy a rental unit over 2 years are entitled to interest on the security deposit. My tenants signed a 1 year lease, then a 6 month extension (actually titled “lease renewal”), and then a...

Hey BP fam, hoping to get some advice here. Issues are Legal & Tax.1) I escrow taxes for one of my properties and just received my annual statement from the bank. My mortgage includes 2 PINs, a home and a parking ...

I put the following tirade together to show my friend how real estate beats the market (equities, stocks). The scenario below is the actual property I purchased last year. Please let me know if I'm off on my assumpt...

Hi everyone, so i was searching multi family homes and found this great deal that im interested in. Its a 8br 5b 4plex listed for $700000Solid Brick Construction. Updated & Well Maintained State Inspected Legal 4F...