Hello all!

I’m familiar with using the 50% rule as a napkin number, which includes more immediate things like upkeep, property management, and property taxes; but for the long term things like a roof, what do I do wi...

Hello everyone,We are nearing the end of our first rehab and flip project, and I was wondering how we go about writing off expenses for taxes. I was getting fairly clear on how to do it for rentals with division into ...

Hi everyone -- I am buying property remotely (in Denver, from San Diego) and beginning to partner with several contractors in the area. Really awesome folks I've gotten in touch with.I'm curious what type of agreement...

There is a 10+ unit building that was under contract and the deal fell through due to DEC records of soil contamination from a previous nearby gas station leak.  The owner of the property has had it for over 30 years ...

Hey guys! Our prop mng company in Fort Worth, TX provided us with one estimate of $1500 for fence repair. When we asked for a second quote since this is a large expense, they advised us they " found this vendor the m...

Hello BPIf I extend the lease and increase the rent, should I adjust the last month's rent to the new rate?

I'm going to be renovating a small home.  Since this home is in another geography, however, a friend will oversee the renovations and the process of making it ready for occupancy by a relative.  The home is in fairly ...

I am currently a w2 doctor with a house in town A.  I am planning on moving to town B (90 miles away) and becoming a 1099 doctor (town B is now my primary residence).  I will still likely be doing an outreach clinic i...

I'm working on a probate deal where I've offered the seller an advance of the sale proceeds prior to closing. To mitigate a loss of the funds I've proposed a trust deed against the property as the instrument to s...

I’m looking to invest in my first rental property that would ideally be a multi unit of some sort. The plan would be to provide a place for my dad to live on one side (paying rent) and watch over the other properties ...