Hi Everyone,I’m in need of some advice! For the past two years I have been studying everything I can on REI, attending networking event, and getting my financial house in order. I finally got to a place where I felt c...

Hello BP Compatriots! Below is a brief, hopefully insightful, dive into real estate and/or financial markets for the week. Let me know what you think in the comments and what you are seeing in your local market? (I'm ...

I have an 8 unit apartment building under contract. I already negotiated the sale price. We had our home inspector and also had our U&O Inspection’s (heat, chimney and electric). We found about $6000 in items that...

Hi All,I understand that it's extremely important to take capital expenditures into account when doing the numbers for a rental property.  However, I've been looking at several properties where they haven't had anythi...

Looking for advice on this property 7 unit which needs to be converted back to 5 as city only allows it to be zoned 5 unit. 4 units and a small commercial space (hair salon)currently set up as  1- 3 bedroom  1- hair s...

Are insurance agents plugging in tax assessors data to determine dwelling coverage. My rental is recorded as 3/2 built in 1923 but it's 2/2 and remodeled ~10 years ago.It's basically identical to this house, same cons...

Hate to be at this point again in the due diligence, but here I am. Ready to learn.
I'm under contract on a duplex (first deal) and after having inspections, I don't know if this deal is worth it anymore. I'd appreci...

Some one told me, if I was going to be a buy and hold person. like the triplexs I have been looking at. If I paid a extra 50.00 a month it would nock years off my loan. I tried several times to figure out the math...

Hi
I’m a landlord of 4 units building. We have a problem with water bill we receive every 2 month from city and is $200 more than before! So far, city didn’t increased their water, so we fine with it. More then that...

I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...