Our long-term plan is to eventually move out, rent both units, and buy a house of our own.

If you can get $1400 for the commercial without any out of pocket expenses and new long term lease with rent bumps, that would sound more appealingGood LuckGino

My investment property is in upstate NY and I live out of state and am managing myself (via my brother that lives in town), not a house hack, long term rental on both sides.

Is there any standard paperwork I need to sign with a troublesome tenant who, after long negotiations, moved out on time?

If you're converting to a long term furnished rental, the expectations are different and so is the day-to-day usage of your place just as you've assumed by your question about wear and tear.

Thank you for checking this out… I hope this information is helpful to you or someone you know in the New York market.If you are interested in 2-4 unit properties in Queens, Brooklyn, the Bronx, Westchester or Long Island, this will give you a sense of what is happening in the NYC metro area.

Hey @Michael Lee, we just completed another six-plex loan in NY last month with similar terms for our client.

Cost segregation is not just a short-term relief from taxes, it can be a powerful tool used to optimize your portfolio.WHAT IS A COST SEGREGATION STUDY?

Hi community,I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies.

It doesn’t matter to me if he is or isn’t represented and I told him that it only changes the terms of the deal and how much he gets, my offer is the same.