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Results (10000)
Sean Morrisey I Turned Down an Offer that woulda made me $201K
31 August 2018 | 3 replies

Today, I turned down an offer on my 16 unit multifamily building that would of made me $201,000.

Why? Because I believe the cash flow this building will kickoff will feed me for a lifetime.

And...30% in capital gain...

Eileen L. Escrow and inspection findings
1 June 2021 | 2 replies

Hello, I’m looking for some advice on a property I’m in escrow on. The property was listed for $65k, purchasing for $63k. There is a tenant in place and pays $850 a month in rent. 
The inspection found a few items th...

Arthur D. My first rental 1yr. Update
24 January 2017 | 3 replies

So, I'll make this quick.
I just did the numbers for the year.
Rent - +$12,600
Mortgage - - $4,800
Taxes, ac/furnace replacement, other repairs. - $11,349
Total los...

Jake Shoupe Deck "expense" - repair or improvement?
11 February 2019 | 1 reply

Pulling my hair out on this...I have no idea which to classify this as. Sure I can be safe and treat it as a capital expense, but I don't know if it makes sense to.We have a small rental property with a huge deck. We ...

Chris Taylor is this a flip or flop
21 May 2017 | 3 replies

HI everyone, newbie here. was wondering if I could get some opinions. I am looking at a 1901 2 story farmhouse to flip. I haven't actually did a walk thru yet, but did a drive by yesterday and looked at the outside. T...

Adam Cherko Lead water supply pipe observed after inspection
9 November 2018 | 7 replies

I am looking to see if anyone has experience in their rental properties containing lead supply lines from the street before the water meter. I am purchasing a duplex in New Rochelle, NY and while having an inspection ...

Jennifer A. Charging against former tenant's security deposit?
7 July 2018 | 1 reply

We had a tenant of 5 years just move out.  I have a question about I can charge my former tenants for and would like your opinions. 1.  Older windows in the home.  Several storm windows broken.  Several screens are ri...

Steve B. Advice on Northern VA Condo
19 August 2018 | 2 replies

Hello All.  I'd appreciate anyone's thoughts on what to do next with a condo in Falls Church VA.  We lived in the unit for a little over 2 years and moved out last September.  Starting in October  2017 we started rent...

Murlie Keller Standing water in HOA sewer Main
2 March 2020 | 5 replies

My nightmare began when a recent tenant failed to notify me of water damage. I discovered wet moldy carpet in the basement. Subsequent scoping of the main line (and multitudinous other testing) revealed 17 feet of...

Todd G. Rental Fire - are insurance proceeds taxed?
21 May 2020 | 7 replies

Rent house burned down. It was a total lose. Insurance money was paid out and I'm coming out ahead by $40,000. Will I need to pay taxes on the gain next year? If so, is there a way to avoid paying taxes?