I had an electrician address a problem with my hot water heater, he fixed the wiring, but referred me to a plumber to replace the heating element and thermostat. The plumber wants to replace the entire unit for $2,800...

If you spend any amount of time around me, you will know that I’m a pretty positive kind of guy. I don’t like to dwell on the negative, and instead focus on whatever positives I can extract from a situation. I think t...

In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.

Fire insurance premiums.Rent or other charges relating to occupancy of the property b...

Bought a house down the CT shore trying to decide if I rent it myself (via VRBO ABNB) or give it to an agent who has area expertise (and multiple rentals).  This is my first year owning the house, high demand area. Lo...

Hi, I am looking to speak to someone who has invested in Detroit proper recently. I am flying up to Detroit soon to meet up with a local realtor and really would like to speak to someone who  has created a rental cash...

I have a vacation rental going online next month and one thing I haven't completely figured out is the laundry on a short turnover. I was hoping to have my cleaners come and spend about 2 hours preparing the 2bd house...

I am looking at buying a home that is a one bed, two bath 2,600 sqft home and adding some bedrooms. There is a very large living room that I want to build walls and create bedrooms out of to add value to the home. If ...

Hello all!I am a recent college grad and I'm trying to figure out the best way to get into REI. My wife and I both have student loan debt and pay more on student loans than any other debts combined. We have a mortgage...

Hi,
I'm getting ready to remodel my first floor garage space to include another bed and bath. Weirdly the garage is the first floor and is as big as the second floor living area so there's definitely room but I need ...

Hi BP,
I joined recently and this place is so helpful. I’m a newbie to real estate investing and currently living in Fremont,CA. Because of COVID, I’m working from home for the past year, and most possibly I would be...