I am 1031'ing into a 6 unit building in Bayonne, however, my bank currently doesn't offer commercial mortgages in New Jersey. Can anyone recommend a commercial lender for the Bayonne and Jersey City area? The loan w...
Can a real estate agent do wholesaling if an agent is working under sponsoring broker?
Two of the applicants are mother and adult son, with a child that is a minor. The third applicant is a friend.The mother alone has good credit and makes income that is 3 x rent. However, when running credit, the third...
Hey everyone, I just stopped by a SFH rental of ours and noticed that one of the tenant's sons is sleeping in the basement which doesn't have an egress window. The tenants are two sisters, each of whom has two childre...
I am inexperienced in real estate investing and wanted to get my feet wet. I was thinking of investing one day a week (for free) at my local real estate/house flipper office in the area.I was thinking of donating my t...
When it comes to lease renewals how soon should the tenant get their new lease? Should it be a month before the current lease expires? How much time should you give for the tenant to respond? Once the lease is renewed...
hello. I'm going to 1031 exchange my SF rental for a multifamily building. My options are either a 3 or 4 unit complex. The 3 unit is a lot less than the 4 units. Would it make sense for me to get a 3 unit and have...
My tenant is moving on short notice with 5 months to go on her lease. when am I required to return her deposit?
Hi everyone - I have a light industrial property (small warehouse ~5000 sf) that I am currently underwriting. I wasn't able to find a good underwriting model for industrial assets and so, was wondering if someone coul...
I just received a $500 ticket in the mail for one of my properties in Detroit. It was for "vacant property blight", and referenced furniture and other things in the yard. This property is vacant, and was undergoing ...