Hi everyone!I'm located in Chicago and am looking at investing in a multi-family this year. In my market, and I assume many others, if you want to list a place for rent through a realtor on the MLS, it costs 1 month's...

Please assume this hypothetical:I find a property for $200,000.I get a mortgage for this property and put down 10 ($20,000).  The property earns a net profit of $2,000 per year.  What is my ROI?Is my ROI 1%? (200,000/...

I am currently in the process of prospective market diligence and have developed a list of the items we want to measure / compare across markets (crime rates, pop growth, job market, vacancy/occupancy, etc.) but would...

Hi all,
Like many small landlords, I am trying to take advantage of cost segregation to increase my depreciation and further reduce tax liability.
However, a full-engineering approach is quite costly (easily over $...

I recently read on Bigger Pockets a post on Capital expenditures that included some generic numbers.  http://www.biggerpockets.com/renewsblog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The numbers did ...

Whats your position? Replace things before they break (proactive) or don't fix what's not broken (reactive)? Also, when do you know if something is nearing end of life? What's your average life span for the following:...

hello BP!im in process of compiling "house rules" book and looking for suggestions - what do you include in yours?some of the items i want to put in:- reminder of life expectancy for certain items - carpet, appliances...

Anyone have any ideas they are willing to share as far as automating your real estate business using technology?

First I would like to apologize (again) if the answer is in plain sight and I just can't find it... Anyway I am looking for a comprehensive scheduled maintenance sheet of some sort.  Something that breaks down all of ...

Have you replaced your water heater anode rod with a powered anode rod, such as one from Corro-Protec?The Corro-Protec marketing claims are they are a once-and-done replacement that extends your water heater's lifespa...