So I am new to this whole process, and trying to gather some thoughts and see if this is somewhat commonplace, or as ridiculous of a situation as I feel it likely is.We are closing on a Triplex in the Kansas City area...

Looking to move out of my primary residence and utilize it as a rental as the property has good Cash Flow. Should I use a management company to go about finding good qualified tenants? Or should I do the background ch...

Is anybody on here aware of any recent changes to MA laws/building code that made it illegal to buy/sell or repair gas on gas stoves? I was told (I believe) that it was no longer legal to even repair them. Also, if a ...

I've been told that a home warranty is a smart decision for landlording. I can pay the monthly amount for the service (~50$) and then when anything breaks I can have the tenant pay the deductible, making issues pretty...

I am considering starting a small business in which I manage short term rental properties for primary owners of Airbnb properties. This technique allows the primary owner to retain about 80-85% of their profit while m...

Hello Friends,I recently bough a property in a suburb of Cleveland (Wickliffe) and we had to replace 3 radiator valves on the second floor since they were malfunctioning and there was no heat. It has a Gas bolier 95K ...

If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?

I own a property in Ocala that was managed by Resolute property management now known as Clear property management for the past 2 years. Rent was paid on time and didn't have any issues. However when tenant vacated in ...

Hey BP so I just got my RE license in gainesville, fl and I have someone who wants me to manage her property. I've managed my own for 3 years now with no major mishaps or anything but someone else's property will be a...

How do you define cash flow? Rent less PIMI, OR, Rent less PIMI and what else. Trying to make sure I do future deals right. Any views will be appreciated.