Hi there,Four unit building: Two tenants have complained about seeing rats/mice in our outdoor area where the trash is kept. No rodents the units.  I'm of the mind to say that if the rodent outdoors, we're not going t...

First off, I apologize if this has been discussed in another thread but I couldn't find anything that addresses my particular situation.I am seeking advice about how to report the profits from a flip with a partner.  ...

As someone who's relatively new to the Fix-N-Flip business, I'm fortunate to have a mentor guiding me, he's successfully completed 37 flips to date. With that in mind, I'm reaching out to tap into the wisdom of this g...

One of my rental units never had rats. I used to live in the unit before I rented it out to the current tenant who has been living in the unit for little over an year.While vetting this tenant I found this tenant work...

Trying to decide how to file our 2018 taxes. Wife and I retired a couple years, except for the part about working all day, most days. We have a house that is and has been our residence for many years. We also have oth...

Hi guys, I am thinking of making my first offer on a property in the KC area.Here are the numbers:Sale Price: 85000Down Payment: 17000Closing: 2000Rent: 950Insurance: 595Taxes: 857Vacancy: 29 (3%)Property Management: ...

Greetings folks,I'd appreciate any feedback regarding this question: I am currently a student and not working; my only income is some cashflow from the one rental property I own. I just filed my 2017 taxes, but it had...

I bought a property in NJ via a foreclosure auction. Prior to my foreclosure acquisition, the status was as follows:  a) There was a prior HOA lien on the property for outstanding dues. The HOA had taken possession of...

So an engineer at work mentioned his renter neighbors had moved out this weekend and he thought the house was a bit of an eyesore.  I got the address and checked the comps (4934 E Mitchell, 85018 if you're interested)...

I've been reading this forum continuously for the past two months and am amazed at the amount of information here. Thank you all for contributing and sharing!

One of the things that I'm still trying to wrap my head a...