My dad passed away the house has been left to me and my two sisters.  My idea is to do one of two things, sell the house and divide proceeds three ways, or buy out my sisters and keep as a rental for me.  Problems are...

What is the typical Cap Ex on a 24 year old duplex house, in Kansas City, MO which is between 1000 sq ft and 2000 sq ft, wherein one AC electric unit is new, the other one is 8 years old, where the heating systems in ...

Ok, So I had my sit down with my Tax girl, and was somewhat displeased. My situation: 150K in rental income before deductions. I am a sole proprietor. Question: As I continue to acquire more and more properties, Shoul...

We just bought our first multifamily and closed on the property on 12/31/2018.  This may be a silly question but do we need to prepare taxes for this investment for 2018?We hired an experienced third party property ma...

Hi All!
I recently have our first property under contract and we were able to find out that the house had a lien on it due to it accruing fines from the city when it was under foreclosure. The person that I am purcha...

Hey All,
My wife and I have gotten ourselves into a bit of a pickle. We bought and renovated a duplex in Tacoma, WA in 2020 before getting married in early 2021. Between the wedding and a variety of other excuses we ...

I have owned my primary residence for over 2 years now and have been toying with the idea of a HELOC in order to leverage those funds to invest in another real estate opportunity. The challenge I am having is that the...

HI BP people I'm trying to figure out if I need to refi my home before I move out and turn it to a rental.My plan is to refi my FHA to conv.and then buy another home with FHA financing with 3.5% down.Is this doable

Good afternoon all.

I was hoping the great members of BP could offer some insight regarding a recent property I am looking into as a flip with a potential for a very high return.

Here is my dilemma. The house needs...

Background: Tenant broke 1 year lease, which would have ended Dec 9th. She had some late fees accruing and didn't pay October 10th rent, and let me know Oct 12 by text that she was breaking the lease but wanted to sta...