Buying a condo in NYC got the estimated closing costs (primary residence) of 12,500$ on a 240,000 purchase with 20% down.. does this seem excessive ? Any advice thank you

Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...

I have several rentals but have never tried a flip.  I'd love to hear from anyone that has FINANCED the purchase and then had a contractor to the the work - then sell it and split the profits.  I just want to make sur...

We have a room in one of the common areas that is about 150SF (15 FT by10 SF)  and I'm wondering what to do with it.It used to be a second Laundry facility but there is no real need for that in this property so we wan...

I'm dealing with an insurance question in San Antonio.  The property consists of a SFR plus a "in-law cottage".  The property is part of an estate and it will likely take a year or more to distribute the estate (I'm t...

I have a rental that is on propane. Tentant is pretty decent, however, forgets to check the propane tank and has run it empty 2x now. Broken pipes this time have cost me some money. I am considering having this setup ...

Hello, have my first opportunity to buy 6 properties from an investor.Bottom Line: 216k for 3350/month in rent.  I posted the full analysis below and these numbers seem like they would work, my worry is this is a bigg...

Does anyone have any experience sub-metering a 4plex in Milwaukee?  I was just curious if anyone had a ballpark figure as to how much this would cost and what the variables would be that would factor into the cost to ...

Just signed on as a PRO member and well worth it.

I️ am currently working on my first fix and flip home but really just dove in and didn’t really run rental numbers because it was such a discount buy, I️ had to act ...

 Would prefer to write a post on how we cleared 8 to 12 inches of snow at 4 locations in 4 hours, but that's not going to happen. Have about 3 inches on the ground in the last 3 hours. The rest is supposed to fall thr...