Had the same tenant two years now at $1,350 a month. Current market rent is $1,750, so I'm leaving about 5K profit on the table each year...They are for the most part taking care of the place, a few stains on the carp...

Hello everyone, Can I please get some help analyzing my first rental investment? I'm looking at this duplex built in 1915 located in one of the nicer sections of Hamtramck Michigan. (I'm very familiar with this area) ...

Hi,I am stuck with Lead affected property for over one year, it is marked lead affected by health department in Youngstown, Ohio. Without fixing it we can't rent and also no one wants to buy. only thing i want right n...

Hey guys!
Do you use the county assessor's statement or the property insurance's replacement cost as your COST BASIS for the building/structure of your property?
According to property assessor, the cost basis of the s...

I'm not really sure which forum this should be in. But my question is, how do tax write offs work as far as repairs and upgrades are concerned? I have read and heard some people say any repair and/or upgrade you pe...

Hello, Chris here! I am located in beautiful Denver Colorado. Applying the mindset of Elon Musk himself, I am looking to take my 5 year plan and achieve it in 1. My 5 year plan was to go full time in Real Estate inves...

I have my own business, but would like to work on diversifying a bit so I can have more passive income. We have no bills (aside from $3k a month for electricity, food, insurance, etc.) I think if I work hard over the...

Hello Everyone,I hope all is well. I currently work in finance by day and as a real estate agent by night and weekends. I'm currently engaged exclusively in rentals but I am absolutely looking to crack into sales. I a...

Hello everyone,Have a long-term tenant who recently exited. We have been fortunate to rarely hold any security funds from former tenants. In this situation we have a former-tenant  hyper sensitive to return of full se...

First time poster here, please bear with my inexperience. I am in my mid-forties and live in the San Gabriel Valley area. Currently, I own two rental houses with no mortgage in Southern California. The first one is in...