Ok so here's the scoop:I am a beginning investor looking for my first buy and hold investment so as to get my feet wet. I am headed in the direction of a multi unit; a four-plex would be great since that is the maximu...

I bought my first property earlier this year in Chicago and it has a sump pump in the basement unit. Being that this is my first property and I have never dealt with sump pumps before I had someone come out and look a...

Hi All,I have to buy a new furnace for one of my rentals. What efficiency is everyone buying? 80%? 95%? 96%?

Ok, I have a hand full of short sale files on my desk.Clients already agreed a SS is the best solution. I would like to flip these to end buyers, but I want to make sure all ducks are in a row before it blows up in my...

Hi BP! Once a tenant leaves and you have to get your property "fix-up" ready for a new tenant, what are you allowed to use the previous tenant's security deposit for?Are you legally allowed to use it to fix "wear &amp...

I'm about to sell my condo in downtown San Diego and should end up with around $130k after costs.  I plan on doing a 1031 exchange to buy more investment propertie(s).I was planning on buying about 3 triplexes or quad...

Hi,I have a question about the house maintenance. The tenant kept bothering me about a lot of repairing issue. I had replaced the refrigerator and washer since she moved in one year ago. When we signed the lease, I to...

This is our real estate investment firms first renovation from start to finish.

Some of the highlights:

- Converted deteriorated 3-season porch into covered deck
- All new interior doors (closet doors were used wher...

We are about 4 days away from closing and some major issues have started to arise, any advice would be great!We bought a quad with the knowledge that 2 tenants were staying giving us just enough money to cover the mor...

In my 4-fam, there is a four car garage attached to the property.  It is a pretty small 4-car garage and to give you an idea, 4 Honda Civic's would fit semi-comfortably in terms of opening doors.I am house hacking thi...