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16 August 2020 | 4 replies
I need some guidance on one flip house project that I'm doing now... this house has a pre-existing patio cover and i want to change the old columns for a fresh 4x4... because is a pre-existing patio cover do you think i need to get a city permit??
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23 August 2020 | 5 replies
fresh water lines should be copper.
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7 August 2020 | 14 replies
If I can have a new tenant ready (one approved by you) on the same day that I deliver my move out notice, would you be open to giving me half off on the last month's rent?
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6 August 2020 | 4 replies
DeedA written instrument, which has been signed and delivered, by which one individual, the grantor, conveys title to real property to another individual, the grantee; a conveyance of land, tenements, or hereditaments, from one individual to another.Quitclaim DeedAn instrument of conveyance of real property that passes any title, claim, or interest that the grantor has in the premises but does not make any representations as to the validity of such title.Warranty DeedAn instrument that transfers real property from one person to another and in which the grantor promises that title is good and clear of any claims.Special Warranty DeedA written instrument that conveys real property in which the grantor (original owner) only covenants to warrant and defend the title against claims and demands by him or her and all persons claiming by, through, and under him or her.I believe a Quit Clam Deed, Warranty Deed and Special Warranty Deed are all "deeds", the only difference is the nature and extent of warranty the Grantor gives to the Grantee.
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11 August 2020 | 5 replies
@Jessica Singh, Sorry to say it, but just about any investment that is 1031 compliant, low risk and delivers 15% is just about, well... almost non-existent.
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7 August 2020 | 10 replies
@James Morrissey The buyer might WANT a professional cleaner, but with no agreement to that effect in your contract, cleaning is on the buyer.In the two states where I'm licensed, our standard agreements require that the property be delivered "vacant and broom clean".BTW - good job doing your walk through an hour before closing!
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6 August 2020 | 1 reply
If you buy it for 600k, and it’s worth 700k prior to you spending a dime, then you have 100k is inherited equity.Now, if repairs are needed, those that are necessary for safety come first (heat and AC would fall here), those that will prevent damage come next (roofs), those that deliver what any tenant would expect come next (appliances).
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23 August 2020 | 12 replies
Also, I'll do fresh paint and flooring.
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7 August 2020 | 4 replies
Hello All,I spoke with the Construction Code Office of Jersey City this week.I believe that the following is the way that construction permitting works in Jersey City;-I deliver two sets of drawings stamped by an architect to the Zoning Office of Jersey City.
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20 August 2020 | 10 replies
Inherited tenants then start "fresh" with their security deposit, with me.