EDWARD M.
Permit Open but Never Closer? (Hudson County, NJ)
What happens in a situation where a permit was open with the township to remove an oil tank, but was never closed or inspected? Is there a possibility the tank was never removed? Could they have attempted to remove it...
Collin Chan
Corona Virus and Construction Costs
Interesting thought came to mind. Lots of contractors are paid by the hour or jobs. The overall economy is slowing down. I know there is still a need for housing the Bay Area so this might not be affected but any t...
Lucas A Davidson
So much advice to not rent out places in my community
Hey!I fully renovated an entire 3/1 home in a prime location (walking distance of everything), and will be renting it at an estimated $400 a month profit.But, I have everyone - I mean EVERYONE in my community telling ...
Bobby Hughes
Need advice on Flip
Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...
Dave Toelkes
How Depreciation is Recaptured
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
Stephen E.
Ex Tenant Volunteers to pay damages - accept or sue?
My now ex tenant, the one detailed in earlier posts concerning his drug dealing, has been in touch. I had written a demand letter for over $5k of damages to the unit, backing this up with invoices for painting and flo...
Jack B.
Will housing crash in 2026 or has it already crashed? Expert called last two crashes.
This guy called the last two crashes, says there will be one in 2026 too. https://www.thisismoney.co.uk/money/mortgageshome/article-12...But we have the lowest demand since the 90's, even lower than the 2008 crash. Pr...
Preston Gealy
Modular Home Title Disaster
Just bought a modular home in PA. After the sale, I found out that the land was transferrd to me but the title of the home is still in the original owners name. I found the title and owners name but he is not respondi...
Elizabeth L.
Sub Meter for tenants Water Bill
Hi, does anyone have experience with installing a sub-meter for their rental property so you can bill your tenants for water? I'm looking to do this for my 3 family home in New Jersey but don't know where to start. Do...
Richard Townsend
Question about BRRR strategy
Here's what I don't understand about the BRRR strategy. I purchased a house for $100,000 a couple years ago with 20% down, and now it is worth about $180,000. After all expenses it has positive cash flow of about $100...