Hello -

I am in the middle of an inspection period for a duplex. The inspection report came up with some significant repairs that need to be done (all categorized as safety issues and major issues). The pre-i...

My wife and I live in 4-plex that we are hoping to buy. Each unit has a one car garage. My hope is to turn the garages into an ADU or another unit. We have enough to put 25% down and make the investment positive cash ...

Hello all,My great uncle approached me a few days ago about managing his rental properties and I’m not really sure if I want to get involved. He’s approaching his 83rd birthday and can’t take care of them at this poin...

Before we start...  This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...

Hello BP Community I will be doing a road trip through Tennessee from June 27th though July 8th looking for multifamily properties. Starting in Clarksville, Chattanooga, Knoxville and Johnson City. I'm looking for pro...

I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog?  I don't think I can even ask a pr...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

I'm trying come up with the best strategy for finding landlords who would be interested in allowing me to rent their property to AirBnB tenants. The owner would benefit from the relationship because I would ensure the...

Hello, all. I've worked as a court reporter for the past seven years, but being that I live in what I call "Podunkville," small-town living, there is not enough court reporting work available in my neck of the woods ...

Tenants moved in and in first month called me to complain about the air conditioner. I sent out the AC guy and he repaired it. Second month the tenants call the AC guy directly and he goes there and repairs it and the...