In my area (New England), the majority of houses, (multi families in particular) are over 100 years old. If I am planning on buying and holding long term, what are some of the pitfalls of buying these extremely old ho...

Need advice on the following scenario:
Currently executing cash out refinance on duplex & expect to get around $125k. 
Wife is deploying & we can break the lease on the home we're renting.
I am considering ...

Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job.  To do this,  I obviously want to purchase more properties, but also make the correct investments in m...

We had a cold spell last week. I get a text Sunday night from a tenant that the radiator pipe is broken (4 days after the cold spell ended). What I know is that she ran the propane tank empty and did not get it re...

Fannie Mae house set to close tomorrow and the final walk through discovered all copper pipes have been removed. I want the house, but what do I do. I'm at a lost.....All utilities was on and functional during the app...

I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old.  Would you go ahead and replace now or wait for it to break?...

I'm looking at purchasing a fourplex with the following numbers:Asking: $225,000    (my research indicates he was asking $215,000 for the last two years)Property Tax: $3560  ( non homestead)----Built: 1977Heating: wat...

Investment Info:Small multi-family (2-4 units) buy & hold investment in Las Vegas.
Purchase price: $369,000 Cash invested: $100,000
Adress : LAS VEGAS , NV (north west) Year built : 1984Lot Size: 6,969 sq...

I have an apartment that was completely painted and a new carpet put in a year ago. The tenant is moving out and was a HEAVY smoker. I will be washing the carpet but can I get the smell out of the apartment wit...

Hello BP Members,
I am evaluating a deal for 10 unit building. The building has single water heater and single heating units with outlets to all the 10 units. Currently, the owner pays for hot water and heating. I wo...