Prior to purchase, an inspection revealed several things that could potentially lead to a roof leak (missing flashing, DishTV antenna screws not sealed). The seller asked the HOA to fix these items. Now I own the prop...

Can you apply for two mortgages at the same name? I am wanting to cash out refi my F&C duplex and also at the same time, apply for a new property, how doable is it? I have the down payment even without the funds f...

I recently attended a class on advanced tax strategies for real estate investors. As we all know the standard "straight line" depreciation allowance from the IRS is a 27 year depreciation schedule on residential inves...

I've got a rental in Kansas City, MO.  Tenants just moved out, and there was about $8,500 worth of damage to the property (floors, paint, exterminator, new stove needed).  Not only that, tenants left and were not payi...

Hi BP!My apologies for the newbie questions, I'm just starting out. I've found a condo property that I am passionate about and the numbers work out, however, the seller is not interested in speaking with me unless I h...

Good Morning! Control your morning and you control the day! I would just like to start a discussion on what the upfront costs are in investing in multifamily real estate. I am a knowledgable investor but not experienc...

I purchased a tax certificate, the original owner attempted to redeem and sent me a form I had to sign I responded back certified mail with a date stating I agreed to redemption if done no later by a certain date. He...

I've been working on putting together a deal with my friends, family, coworkers, etc. They would all be considered sophisticated investors. As of right now, I have an informal commitment of funds of $180,000 with 35 t...

Short Term Rental Pros…Since November of 2018, we transitioned two of our properties to Airbnb furnished short term rentals. It’s been quite a learning curve, but we’ve been able to reach Superhost status and have gre...

Hi Everyone,I am curious if I can seek some advice from the community. I've been under contract 4-5 times on multi-family buildings ranging from 6-8 units in Chicago and 1 18 unit building in St. Louis and every time ...