I'm sure something like this has been covered before, but here goes...There was a plumbing issue with the main drain line. There was some gurgling when the sinks/tubs would drain.  That's obviously not normal.  I call...

So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...

I understand many have flipped 5+ houses or have tremendous experience with the renovation process. However, as a contractor I'm curious what was the biggest "miss" or unknown finding you've experienced in a flip? Fou...

When you are just getting a cursory showing/walk through are there things I should look for to see if there is a problem between the house and the street? Or with the water service from the street for that matter?Hous...

In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?

Hi,I live in Texas and it gets HOT here... I have yearly maintenance done on all A/C units to ensure they are working properly.  When an A/C unit stops working tenants will make this an urgent emergency.  My A/C guy i...

I closed on a 3/2 1039 square foot SFR this week .... I'll get a tenant via lease/option. It has its original 1957 electrical panel which is functional minus the following according to inspector:

• A breaker is se...

I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...

Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...

So say you've been depreciating a property for 10 years.   Year 11 rolls around and you completely replace the roof.  Does that just increase the remaining depreciable balance (basis) for 17.5 years?  Or do you deprec...