Need your advice. This property I bought have current tenants, so we inherited them as tenants. So recently we received a maintenance request regarding the rats/mice. I reviewed the lease agreement, and it does not ex...

Details:   Property type:  Two duplexes side by side   Owner Financing Purchase price:  $220,000($110k each)   Downpayment:  $15,000   Loan amount:  $205,000   Interest: 6%   Loan Term:  15 year   Monthly Principal a...

Hi everyone,

I own a house that I plan on renting after I make some major repairs. Is a CL ad sufficient proof of intent for the IRS, or should I run a print ad before starting repairs?

Thank you!

Hi - I have been renting my property for about 18 months so I am kind of new to this. I am looking for some guidence if it is a good idea to take my rental property’s depreciation for filing taxes? From some reading I...

Hello everyone,

It has come to this. I have read articles, books, watched videos about Investing and now I'm a little overwhelmed. I have also attended a free meeting with real estate investors and it was ver...

I have 7 rental properties. Interest rates range from 4.12% to 6.5%. Net cash flow is currently $50k/yr but pre tax. I haven’t paid taxes since I bought them due to deductions such as depreciation and interest paym...

One thing that confuses me is when bidding do you get interest on the amount you over bid from the original owed amount or by over bidding are you lessening your profits?

Does anyone know a good resource for learnin...

Hi, let me introduce myself. My name is Steve, and I am in the middle of purchasing my first rental property - a Freddie Mac Homesteps foreclosure.
It is a duplex, with tenants currently living in the lower unit. ...

A family recently sold a duplex and purchased a new duplex using a 1031 exchange.  They would like to transfer ownership of this new duplex to their son.  Would this affect the validity of the 1031 exchange and theref...

Hello BP!I wanted to get some input from some experienced buy and hold investors. When investing in a single unit or small multiple unit (2-4 units) is it better to have tenants in place or screen and place the tenant...