I found this house by Driving for Dollars/Direct Mail. However, it's going into foreclosure and is set to be auctioned in August.  It's next to a ravine with a creek running through it.  The retaining wall has collaps...

Need to replace an old oil boiler in my 4-unit multi/primary residence. Currently has an ancient oil boiler which is at least 50 years old, held together by duct tape and unmentionables. Barely got us through last win...

I've done one deal so far.  A duplex.  I'm really looking to scale quickly with small (10-20 unit) apartments now.  I've seen how costly repairs can be from this duplex, and I wanted to know from others, is there a mi...

Getting ready to take a trip through Italy.  Thought I would spice it up some.  Who knows, maybe even write-off our trip, after I talk with my CPA and schedule a visit with one of you.  Most of Europe is bare ground f...

I know I know in some areas a dishwasher is a must while others it is not a must. In places where a dishwasher in a rental is npt standard, hardly any landlord have them. I've seen properties where the landlords simpl...

So I have an accepted offer on what will be my third rental property. But this is the first I've purchased with the explicit plan to keep as a rental.

Background: The first rental was purchased back in 2006 a...

I have lived in an older duplex, in the country for over 4 years now. My landlords are coming over to talk about me purchasing the building this evening. The property was assessed at 105K this year. My landlords threw...

Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...

Hi all, I'm currently working with a realtor to buy my first rental property.  Based on the suggestions in many of the BP books, I thought I'd try sending out some targeted letters of interest to people who might be i...

It is time to ask for some help making a new strategy for my mixed-use property.Background:I have a mixed use multi-family building in a commercial district zoned as Urban Mix. I've owned it for 7 years and it has not...