I thought I had a great deal on a 4 plex, and got 20% off the list price.   We have a contract for a cash purchase.   The numbers are great.The home inspection yesterday disclosed that there is vermiculite/asbestos in...

Hello all. I just read an article on commercial financing that said commercial lenders would consider rents in the decision when financing a multi-family if there were leases. I am going on a three-day car trip tomorr...

We have a guests coming next month from England. They have expressed an interest in shooting since they are really not allowed to over there. They say they have purchased travel insurance that specifically covers this...

I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...

Hi everyone. Glad to have found this place and hoping to obtain the correct information for some creative approaches to my project!  The quick-changing Arizona market has thrown a rock in the tracks of my project and ...

I would love to hear feedback of experiences with section 8.  Good, bad and indifferent.  What does it take to set a property up for section 8, qualifications etc.  How to maintain your status as Section 8? Pros and c...

Hi guys. I just purchased my first rental property and it already had a tenant in place. She is a very nice lady and always on time with her rent per previous owner. We just signed a lease agreement two days ago. When...

In my new rental property there is a GFCI outlet in the living room. This is on the same circuit as the bathroom fan and the light in the shower stall. This living room wall is on the other side of the bathroom. W...

I wish to assume the loan on a rental property I inherited. The trustee says the trust can't be closed because the loan is still under the name of the trust. The bank (wells fargo) is refusing to do this.
A retired a...

I'm currently in the process of releasing my duplex and I've never been a big fan of having animal in my unit. I recently had an application that looks good on paper, but he has a dog. I am considering allowing this g...