Tenant left the hose connected to the spigot over the winter (live in Midwest where freezing temps occur during Winter).  As a result, the pipe was not able to drain properly and once below freezing temperatures came,...

I cant find this exactly on the IRS pages, but I have read on some sites that I may have to claim the insurance payment, as rental income, and then the entire cost of the repairs add to normal repair on schedule E. Is...

I'm looking at a property for sale that has quite a bit of fire damage. Can anyone offer advice on what to consider before I make an offer. I want to avoid purchasing and then finding out it can't be rehabbed and woul...

Greetings Philly Investors!  My rental property in West Philly was recently damaged by fire and I am considering  exit strategies.  Does anyone have any experience/contacts/leads on dealing with fire escrow?  Selling ...

I recently found a burned down house in a very desirable neighborhood. The school district zoning is one of the best in the city as well. Here are the caveats...
I have been communicating with the owner. He wants to ...

Hello - As you guys all know there is Hurricane Matthew and it's going to at least affect us in Jax in some other way. We were supposed to close a house by Friday, 10/7, but we had to move it next week because of the ...

Came across a 3/1 in Phoenix with pretty bad fire damage, it’s listed at 89k and has been listed for sale for 52 days now. The house right next door which is a 4/2 is selling for 219k and other comps are around that r...

My basement has flooded, possibly due to standing water in one of the window wells. There is water pooling up under the mulch next to the window well on the side of the house, and I can see water seeping into the wind...

Hi,  I'm looking for general guidance on an issue I'm having at a rental property in Houston, TX.Summary of the issue:I have a three story (3 bed, 3.5 bath) SFH rented to 3 roommates in Houston, TX.  The property is l...

Hello all!
I have recently come across a deal that has fire damage. I haven't completely ran the deal but at first glance, it looks to be a very good one. It is a duplex that ARV could quite possibly be 300k above it...