Property consists of 7 single wide mobile homes (in good condition) 2bed/1 bath on 2 acres. Well water. Each home has electrical meter and septic tank. $650 a month per home. Income $4550.00 per month. Taxes $1700 a y...

3-yr tenant left very dirty walls, and ceilings(!).  If cleaning isn't effective , can I charge for painting to restore to move-in condition?   Even tho painting was done over 5 yrs ago, the place was pristine at move...

I am looking at a Multifamily which is a 4 bed 1.5 bath and a 1bed 1Bath on the the same parcel. It has been on the market for almost 300 days and is listed for $134,500.It is in decent condition but being a 1910 hous...

I am turning a unit in Omaha with an inherited tenant whose unit contained, grease all over stoves and vents, cobwebs/dust on walls, really bad odor (cigarettes), blackened floors and shower. He says the unit was like...

For those of you who own multiple units.  Let's say you had 10 units, consisting of 4 properties.  How much in reserves would you keep?

Meeting with a seller tomorrow based on Michael Quarles' advice on marketing to 65 and over with equity.

Home worth $450-500K as it sits now.

Owner bought in 1988 so nearly paid off.

Took $125K lo...

Good day all.  I have a few RE quandaries that I could use some help with and I wasn't sure where exactly to start this post but I suppose this can serve as my BP introduction as well :-)  By way of introduction, my w...

Hi, I work with a property management company at one of my buildings (a 7 unit) at 9% of rents. One of the units was destroyed by a tenant and need about $7,000 of rehab. The property manager offered to do rehab in ex...

I have an SFR in Indiana. The property has forced air heat, but no A/C. Originally I planned on installing central air. But I’m beginning to wonder if it’s overkill. It’s a very small 2 bedroom bungalow (700) sq ft in...

 My tax consultant says if I do an active loss type of tax return I get more return  but I lose on capital gain tax if I decide to sell these rental properties in future. But if I do a passive loss type of tax return ...