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...

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...

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 ...

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...

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 ...

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...

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...

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...

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?

Hi All,
First time posting. I'm looking to purchase a SFH and a MFH at the same time or within weeks of each other.
currently we own a SF rental with about 45k in equity, and making us $400 a month. Escrow at 1001/m...