I bought a unit that should rent for ~$2,000. It has a busted water softener. Costs $900 to fix, and a new unit will run $1,000-$2,000 installed. Also costs $200 to remove.

I'm leaning towards outright removal, bu...

Hello to All,My business partner and I (both Realtors in southern Ca)have decided to take the plunge and purchase our first flip.  After running the comps and walking through with my dad and Uncle (both in the busines...

I am about closing on a really good deal. I only found out yesterday from the survey that the home lies a few yards outside the set back property lines.
Does anyone on here know what the consequences of this are and ...

I’m confused, if a depreciating asset wears out early. Carpet is depreciated over a five-year period, what happens if your tenant destroys it in year two? Do you take the rest of the value of the carpet and depreciate...

I bought a duplex in a good neighborhood for a Fair price. The only problem is, it came with a horrible tennant in one unit!!!!!  He's disturbing the neighbors at night and when I asked him to please stop, he became m...

I have my first tenant. Her pet is a service animal. How do you handle pet deposits for service animals?

I have been a full time realtor since 2003.  I am the youngest of 4 children.  My dad recently passed away, leaving my oldest brother as the executor of the will.  My dad still lived in the home that I grew up in and ...

While I was watching "Seattle is Dying" I notice San Antonio rank 3rd after San Francisco and Seattle. Quite surprised. I thought we are a safe city. 

I just showed up to my rental property after 3-4 months and found my outdoor pizza oven smashed. It was handmade by the previous owner and I have no idea of it's value besides the fact that it was a gorgeous quirk tha...

Hi All,
I have located a property that presents a very strong CoC ROI of 19.46% using a 17% vacancy rate, and a very high CapEx amount. The property was built in 1950 and is a total of 5 units being rented out curren...