I am thinking of offering my handyman 6% of gross rents to take care of an apartment building I will be getting soon. He will do everything except bookkeeping, paperwork, and filling vacancies (I have a great renta...

Hi BP,I am looking at a property that has an empty oil tank. What does that mean? Am I obligated to do anything in the sense of removal? I know I need to disclose this information if I were to sell, anything else to b...

Are real estate designations worth the time and money? I am currently in the military in the Norfolk, VA area and I’m getting my real estate license. I was thinking about getting the military relocation specialist des...

I know the Real estate market is on an uptrend and in my opinion it is going to break out to new highs soon with economic factors like low rates being increased along with increasing demand as the economy strengthens....

In the past year and a half I have bought a duplex and fourplex in a city 4 hours away from me because the market is more affordable and the rents are decent. I have plans to continue purchasing for years to come in t...

If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?

Thanks

This is for a cash offer. The sellers have come down in price but I'm considering waving my appraisal contingency in order to further negotiate. The inspection came back and I'm good with the property. Nothing serious...

I have been checking a few houses to invest. One of the houses I'm looking at says " ADU" what does exactly mean? It is historically reserved so If I purchase this out, it would have a lot of restrictions? 

How does everyone have their Operating funds held? That's your money set aside for repairs, vacancies, turn over, etc.

Are we all using savings accounts? Any reason for picking one type or institution over another?

While processing a loan application I was making the bank discovered a $52,000 balance in an IRA, sitting in a brokerage account in my name. The account originated in a job I left in 1991, and after rolling it over a ...