Ok, so I know that there is no way this meets code but I saw this in a possible investment home yesterday and I had to share. Just think, you could take a shower and plug in your hair dryer and then if the breaker ha...

Recently purchased an investment property in Newark NJ that had already had tenants living there that are MTM with no documented leases.  We have not sorted them out yet in terms of getting them on signed leases yet b...

Hi everyone, I'm sure you've all heard it before, but FEAR is simply false emotions appearing real. Whenever I start to feel intimidated or overwhelmed, I just tell myself that these feelings don't have to exist if I...

In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...

A fellow Coworker of mine wrote up this blog post at the company we both work at regarding who pays for the cost of power for electric vehicles in a multi family development. Interesting challenge that multi family dw...

Hi REI fam,

I'm currently looking at an off-the-market 4-unit apartment complex in worth Illinois. It's owned by a friend of a family friend, who has owned it for many decades and is retiring and wants to get rid o...

I am just starting out and I have recently found a house on the MLS that is a duplex which needs some work but it is selling for 99,000 and has 1 existing long term tenant already paying rent of 825 per month.2 questi...

Hi All, Been quiet on the forums as we added 2 new properties to our portfolio this year!As time moves on and people are stepping up their design game (As an STR Designer this makes me SOOOO darn happy!), we have foun...

I'm trying to run the numbers for a beach house in South Carolina and am having trouble figuring out the expected income.  The house is 7 bed 4 bath in the Myrtle Beach area, but the house has been split up into a tri...