A few weeks ago, I shook hands with a motivated seller-slumlord and visited a D-class property. He was actually in the middle of moving in a new tenant (with no teeth and probably no credit score). I tallied up: a gut...

I asked a similar question earlier today about putting a rental property in service and deducting the costs of the rehab on Schedule E. Okay, looks like I can't deduct the make ready costs and I can tally the improvem...

Hello, there is a home across the street from me that is rented out. The tenants have been arrested for car theft, carjacking, and more, and now another tenant on drug sales and possession. The landlord keeps tell...

Hi There!I am a new member, but have been following the boards for quite a while.I own a few SFH Townhomes, and am looking to get into Multifamily. There is a 4plex available in Richmond VA that I am analyzing. I don'...

I'm in the process of listing a split-level home. I'm being asked how many "stories" the house has, but I'm not sure how to answer that. The house has four levels (basement/partially below grade level, entry level, be...

Well. It's to graduate to multifamily. Found a random 10 unit. Monthly NumbersRent: $7400 Insurance: $811 Taxes: $524My questions: How am I financing this thing? 20% down? What banks do I call and what questions do I ...

Dear BP,Today we say the 900,000th post on BP .... one million is just days or weeks away.This thread is like guessing the jellybeans in the jar.   Give us your predictions on when - date and, if you are so bold, time...

Greetings.

Looking at mobile home park.

Deal is as follows:

Asking price $300,000

8 mobile homes that are owned by owner and rented. No lot rental on property.

2 single family homes.

1 Billboard $2,000 a ye...

Hello Beloved BP Community - I come to you once again for advice:I spent the last 10 years of my life being a W2 individual with decent income.  During that time I bought and sold two single family homes (SFHs) which ...

So to touch on the subject of my post, I got to mow the grass at my duplex and cut down 5 foot tall weeds, because my mower has apparently not shown up and I got a call from the chief of police on Friday, yay! Also go...