I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...

I am looking into purchasing my first rental property in Spokane, WA. One of the properties I am looking at has a studio in the basement and the basement window is not egress. Is this a legal issue that needs to be ad...

Hi All,
Under contract for my first ever investment property, and the inspection results just came back. I'm concerned with two things which I will paste directly from the report. I'm meeting with my agent today to d...

I am considering a 4 plex house hack in Los Angeles where appreciation has been fairly high (though subject to change), and I'm considering living in one of the units and renting out the others. However, this property...

Good afternoon fellow BPers,My wife and I have been thinking of moving back to the midwest (St. Louis region to be specific) and I was hoping to hear from some experienced St. Louis investors, brokers, lenders or any ...

I was wondering if I could get some help. Found a 3 family property in Concord, NH. Just before we were going to put in an offer we were told there was a known lead issue from back in 1999. We now hesitate to put an o...

This is the problem. I rented an apt, signed a one year lease. Due to death in family had to leave after 5 months. Offered the landlord to pay an extra 2 month rent to let me out of lease, they refused. They said only...

What's your most successful apartment deal?
How much money did you make?
What are the problems you've encountered?
What are the lessons you've learned?
Here's mine:
The Deal
The apartment community is called Wyo...

My current REI goal is to buy and owner-occupy a fourplex.  I totally get the numbers. But I still feel confused about the rental market. My big question: WHO would choose to live in a fourplex? Who ARE those guys?  (...

I’m 54 and husband is 57. We would like to start REI but worry we are too old. If we want properties to cash flow to help build some retirement and possibly find a retirement in 8 years ( meaning, quitting our 9-5 in ...