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15 May 2024 | 10 replies
Trying to assess when it's time for us to set up family trusts/new LLCs/registered agents etc...obviously it's a big cost, but makes total sense.
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15 May 2024 | 11 replies
The family knew it and did not expect much out of the property.Even though they had an agent in the family, they were looking for a quick cash buyer.
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12 May 2024 | 10 replies
While Akron offers affordability, Cleveland emerges as a better bet for steady rental income due to high renter occupancy.
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15 May 2024 | 6 replies
Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated the county mortgage tax in their quote when the other 2 didn't.If anyone has some knowledges to share with this, I would appreciate it.
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11 May 2024 | 22 replies
It was a single licensed manager with support staff, and turned out she had a family emergency and just stopped working.
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15 May 2024 | 8 replies
Once that's done I won't stop but at least I can look at small multi families before looking at bigger unit buildings.
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13 May 2024 | 79 replies
Hard to see a crash in single family but The only way I see it happens would be if interest rates kept going up (say fed can't get inflation under control) and insurance or other related things go up causing the prices in single family to come down.
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15 May 2024 | 6 replies
I need some advice on the following situation.I am sorry for asking such a basic question, but unfortunately, I am still new to this and never dealt with this type of scenario before.I have a single family home that is part of an HOA.My main goal is to protect the asset and avoid any potential financial loss as much as possible.The current lease agreement states that the tenants are responsible for mowing the grass.They are also responsible for paying any HOA fines, etcUnfortunately after multiple attempts to get through to them to cut the grass, the grass was never cut and the yard is getting worst and worst.They also refuse to turn on the sprinkler system which is causing the grass to slowly die.
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15 May 2024 | 3 replies
Cash out Refi property located in Northern NJ, and hypothetical purchase mixed use or multi family apartment building located in Brooklyn most likely
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15 May 2024 | 34 replies
I still have family living in Grass valley so I visit every once in awhile.