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Happy Monday all!2 hours ago I closed on my first house, 2br/2ba single family. I purchased with a VA loan and negotiated for seller credits, so total out of pocket expenses are $575 for the house (pretty excited abou...

Investment Info:
Large multi-family (5+ units) commercial investment investment in Cleveland.

Purchase price: $155,000

Cash invested: $240,000

Sale price: $703,000

Contributors:
M...

I'm looking into buying as owner-occupied, and there is this metal frame house with an attached, insulated shop, like what a mechanic would use. It is big but has no internal walls. It's just a big shop space attached...

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...

I have heard that the best practice when renovating a bathroom is to include replacing the toilet even if it doesn’t appear to need it. The one I got looks and works great, but it’s probably 30+ years old.
What’s the...

One of my tenants is freaking out because someone was creeping around on the fire escape and tried to open her kitchen window. She had the preventer tabs set so it didn't open, and her window alarm went off. The intru...

So I have a 19303/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Anyway- last year had to dig up the sewer line in basement as there was a cracked line. Made the ...

I'm currently in the process of buying a rental in Philadelphia.  The seller will not vent the dryer and fan vents through the roof. They currently vent a few inches from the ridge vent.   I know the reasons they shou...

Hi,I am a landlord and a tenant and I've had a situation where my son, I think, who's two, locked an internal door, after which I found that we were never issued a key for.  We were given keys and told they were for a...