How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...

It's official folks! After a little over a month, we finally posted our first AirBnb listing in Portsmouth, VA using one of the units in our quadplex. We are open for business starting tomorrow. My wife and I are expe...

Just left the Sheriff's Auction here in Omaha this morning. One of the properties I was going to bid on has a $17,000.00 federal tax lien on it, $63,000 mortgage which is in default, $6,000 in back taxes. This auction...

I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...

I own a duplex in Denver. Living in 1 unit and renting the other on Airbnb. My intention was to rent on Airbnb upon exiting the property. That seems risky now considering the current trajectory of regulation in the ci...

I submitted an offer for a SF almost a month ago and have heard nothing but 'We'll get back to you soon' from the seller's agent. I am wondering what her definition of 'soon' is...It is for a conventional sale, not sh...

Hello guys and gals,I am currently in the process of purchasing a 7 unit complex (built in late 1800s). The building consist of 4 studio units and 3 single bedroom units. Each Unit ranges from roughly 500Sf-650SF max....

Hey! As we prepare to market are two condos I am wondering if we will be hedging out to many possible tenants by not allowing pets. I really do not want to allow cats as they seem to spray and many people have allergi...

I see a lot of you in here have success stories but keep wondering if real estate is truly as luxurious as it seems. I have two rentals only but had major issues with either tenant or property Managment and the pain n...

Looking for some advice with a single family rental my wife and I own. I've had a tenant in one of our rentals for almost 3 years now. His lease is coming up on September 1st and we really want to sell the property. A...