have a multifamily property with a single boiler hot water baseboard heat. Each apartment has a pop top valve with a thermostat. In one studio apartment the heat sporadically stops working. Once 2 years ago the pipe b...

Maybe this is a better place for my question:
One house I'm looking at is listed at 160,000. The outside looks very nice for the area, which is probably middle to lower middle class. Neighboring houses are similar, an...

Hi BPers!

I am currently analyzing a deal that situated only 2 blocks from Drexel's Campus (Philadelphia), it's a highly desired location for students. I only know this because I attended Drexel for 4 years so I hav...

Hi,
My wife and I are thinking of turning our existing single family home into a two unit to rent out. Its a rancher and we want to turn the basement into a unit and the upstairs into another one. My question is, do ...

My 3 family purchase is almost ready to rent, just over 6 months renovating. I understand "Make-rent-ready costs are not deductible." My question is what expenses along the way are a deduction this year? Property taxe...

This is an appropriate time of the year for a post like this. How do you deal with frozen plumbing pipes in your STR?About 12 months ago I had 3 houses with a frozen main water line.  There was no water coming from an...

I recently bought a quadplex and my insurance company requires me to replace all 4 water heater (15 yr+ require replacement, standard in my area). I found some 40 gallon at home depot for about $350 each. I got quote ...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $25,000

Cash invested: $35,000

Completely gutting and rehabbing/rebuilding. It's certainly a learning opportunity. ...

Hi everyone,I'm under contract and need your help deciding if I'm paying too much...*1 Bed, 1 Bath 725 sq ft condo on 2nd floor (of 3), located in 192 unit condo community. Mostly owner-occupied units.* Contract Purch...

Hi. I recently put an offer accepted on a duplex. It's a HUD home from Fannie Mae and I offered well over asking price. I am funding the deal through a 203k loan. But that was for minor repairs, new floors, upgrading ...