Last month we had to call in Roto Rooters as our tenants pipes were backed up.  The drain for the washing machine and kitchen all drain to the same pipe and according to the Roto Rooter guy this can sometimes cause pr...

I’m under contract for a three flat in Chicago and am purchasing using traditional financing. We had an inspection and it’s in rougher than expected shape — the rehab costs to bring the place up to desirable rentable ...

The property has four self-serve bays and one automatic. There are 51 storage units on the same property. Carwash income in reportedly 11,900 monthly. All storage units are rented and monthly income is 2,225. Seller r...

FYI - this is the type of shower head that a man with short hair might put into a rehab - because it looks cool. This is also the type of shower head that will turn off a woman buyer with long hair, because most of us...

Hey all, I have a very high level tax strategy question / hypothetical as a sole proprietor LLC.

Let’s say I own a place worth $100k. After expenses, I net $15k in cash flow at the end of the year.

I then take tha...

State: Virginia
I recently purchased a home back in August, and did a rent back to the Sellers until end of September.  After closing, we had  [Buyers] did a walk through with a Home Inspector and didn't turn up anyt...

Yesterday I was talking with my tenant and he said that he was getting attacked by fleas. In conversation he explained that the fleas must have stayed in eggs in the house before he moved in because before he lived th...

Hi all, I'm getting a three-bedroom place in Brooklyn (Greenpoint) and am going to furnish the full place myself (I took the lease in my name), and sublease the other two bedrooms for more than mine on 3-6 month lease...

Hello, new member here and beginner investor. I'm in the St. Louis, MO metro(out in the suburbs) area current business owner(non real estate related). Looking to get in real estate. I do have a background in mortgages...

I once read (or heard) that everyone should have at least 7 different forms of passive income. Other than real estate, What are some of you doing to create passive income?

I currently own and opperate a small vendin...