Right now my wife home schools our 3 oldest kids.  Earlier this week, I had the opportunity to teach the math lesson.  My kids learned the term Cash on Cash Return and then worked out the CoC Return for each property ...

I have a number of multifamily buildings that are 100+ years old and in the market where they're located I pay for the water. One three unit building is using $1,200 per quarter in water. I believe part of the issue i...

On Friday, we began our REI journey. We closed on our first property that our agent found off-market. It is a 2 BR, 2.5 BA, one car garage condo in Fairfield, OH. We got it below market and need to spend about $15K to...

I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...

Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance  costs on your income statement or do you keep them s...

OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...

Hello, I've been wanting to get into real estate investing and I think I have found a house that would allow me to start. It is a neighbor of my grandparents. There was a lady and her niece living there, 100+ and 70+ ...

if I pay my brother or young cousins $10/hr for demo or cleaning work, can I write that off the same way I would for any other contractor?

How about if I were to replace a range hood or other appliance with o...

I've been under contract on an out of state SFH that was supposed to close mid-way through December. After several rounds of negotiations, repairs and inspections I wired my money to close only to find out the seller ...

Hi guys!What kind of maintenance work do you do on your rentals?For example, do you make your property managers to clean gutters every year, service AC/furnace, service fireplace if there is one? What else? and how of...