My tenants (12 guys- a Sober Living home) told me rats were in the garage...where they keep 5 fridges. On inspection, I saw there was a lot of food dribbles and spills from the fridges and the outer door was left open...

It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...

I currently own and self-manage 3 rental properties and am adding another one soon. I’m also planning a move out of state and need to find someone to do the day to day management of the properties (showings, coordinat...

Inherited tenant in a duplex. Rent is $600. Not high dollar stuff here.
She’s month to month. She’s nasty to me and always has been. This is my 4th or 5th month and she’s now 9 days late. This is an out of town prop...

I investigated, tested humidity and moisture and found no problem. Nothing wet, no stains any where.  I realize I might not be seeing it.  Had friend who was a retired plumber of 25 years and mold experience with me....

I bought a 3 unit building last year. Got bids from 5 architects to redesign 2 residential units and 1 commercial unit and do some historical preservation design. The bids ranged from 8500 to 50000. Being the newbie I...

Dear BP family,
I really hope all of you are safe and healthy. Is there a way to professionally inspect a property and to know for sure whether there's structural damage and/or a leak in the basement, or dampness in ...

BPWhat is the normal time that it takes for a 1BD unit to be quoted?I had my house looked at by a professional contractor a week ago. I am only asking for a rent-ready renovation to be done. The emails go ignored, so ...

Hello gurus,I am trying to teach my self how does this all work. please let me know if my understanding is off.Yes, I know I should hire a professional, but I like to understand things my self.Facts: property bought i...

Can I get some great questions to ask potential property managers? I have a client who is shopping around, and I want to empower him with questions that will help bring out their "true colors".... Preferably something...