We just purchased a rental (1950's raised bungalow) and assumed the tenants in three suites. The home inspection showed that there's a bit of work to do and I wanted to get some opinions on priority for repairs. Tenan...

Howdy, Is it possible to sub-meter the gas within a SFH rental unit in Chicago.   Let's assume I need a second gas meter for laundry or hot water.  Is that allowed?  How much would that cost?Thanks, Frank

Preface: No deals under my belt, but finally talked the wife into living in a MFH.  Woo!I have yet to contact the owner about this property, will be doing so shortly.  It concerns me that it's been on the market for o...

I had a piece of land in Flagstaff that I bought from a neighbor adjacent my vacation home out in Mountainair.  I bought it as it really increased the size of my lot and gave me 2/3rds of the cul-de-sac.  I decided to...

So we have a 3/2.5 bath house with 3 floors (it's a huge house.) The basement is large and partially-finished, it even has it's own kitchen down there. The home was foreclosed upon and was owned by a bank. We finally ...

Hey! I am looking into this property in my home town; Biddeford, ME. It is 3 units property was built in 1900 renovated in 1960s. The first unit is 1 bed Apt, second is 2 bed apt, and 3rd is a 3 bed apt. Separate elec...

Hey BP!Looking for ideas or suggestions with this deal. I'll jump right into the details now. Think I should of posted in this discussion to begin with, though I'm unsure. 3bd/2ba SFH w/1,524 sq ft. built in 2004. Loc...

*Tenant took utilities out of her name in eviction, what should I do? -Character limitHello BiggerpocketsWe am going through an eviction with a non paying tenant. The tenant was responsible for all utilities and she ...

I’m rehabbing my rental and paying my contractor 21k to do it all. How do I depreciate this for tax purposes? Can I depreciate the total amount over 15 years?

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $11,000

Sale price: $49,900

I used a commercial loan and borrowed $41k
I only paid $800 Cash out of pocket on clos...