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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...

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...

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 ...

Account Closed Documenting Capital Expense(s)
23 January 2022 | 2 replies

Hello All!
First, thank you in advance for taking out the time to read this. My partner and I are currently renovating 2/4 units in our fourplex. My role is to keep track of the P&L, budgeting and documenting.  I...

Bryce Hammill Stove replacement help
6 June 2023 | 6 replies

I was looking for some guidance on a stove replacement.  This is in our first out of state duplex. We replaced a stove in one unit as it quit working. (Inspection photos from purchase shows the stove was 5 years old.)...

Yuval B. Historic Commission - Philadelphia
23 July 2015 | 4 replies

Hi Everyone,I just finished a complete gut renovation for a property I own that is located in an area regulated by the Historic Commission.  I added a couple of decks in the back of the building and went through the H...

Mariana Rojas Could I make a 1031 exchange and use as downpayment?
28 November 2017 | 6 replies

Hi everyone,I have one rental property and I want to find a way to finance a multi-unit building,  and I would like to know if could I somehow make a 1031 exchange and use as a partial or a down payment. Thank you.

Shanna Bradford Fixing problems with a Lease to purchase home
20 May 2015 | 4 replies

Hello, I am new to the rental world and have a question.  I own a home, and have set up a lease to purchase contract with a tenant.  At the inspection of the property before the contract was signed we pointed out the ...