I’m currently in the process of purchasing an “as-is” rental property for $100k. The inspector has just confirmed it will need a new roof. How should I now approach re-negotiations with the seller? Thanks 

Investment Info:

Single-family residence buy & hold investment in Euclid.

Purchase price: $54,000

Cash invested: $15,000

Excited about this deal that's currently in process in Euclid, OH. It's an...

I have a month to month Section 8 tenant who has not paid their portion of rent since the beginning of the year.  On March 1, she was sent and confirmed receipt of a letter of non renewal and notice to vacate.  I gave...

I never see anything talked about or written on the proper way to conduct an Annual (or bi-annual) inspection on a rental.Conducting the inspections without charging the tenant for maintenance (if) needed seems pointl...

Hello to all..How do you or should you incorporate reserve funds into the APOD when figuring out what a property is worth? Since technically it is not an expense (at least I believe not) but a capital investment that...

My tenant just out of the blue asks “are you free today to install my new kitchen faucet and shower head?” No prior notice about any issues with either item. Forget about them wanting it done “today” for the moment, b...

Does anyone have a good checklist of items that can be included in the accelerated depreciation method? I.e. fans, furniture, etc, etc,. What are the depreciation rates for each?What are the amounts for each that you ...

Hi All,I've attached an image that shows two methods of running numbers on this potential cash flow property. The left image is highly detailed, the right image is percentage based. Am I being too crazy with the more ...

I have a rental I purchased in September 2017.  It needed substantial rehab and it will be ready for rent later this month.  My understanding is that all expenses and improvements must be added to the basis.   I under...

Just saw this article on the potential changes to the tax code which would impact REI. How would this affect the different real estate strategies like BRRR, multi-family, etc.?https://www.nytimes.com/2017/04/22/busine...