Hi everyone, I own a condo in NJ. Landlord for 3 years. I have been renting it to a tenant since last year and he wants to renew his lease for another year. He is a good tenant, paying always on time. I never had any ...
I have an opportunity to purchase my moms home, in a suburb outside Detroit. We had to move her out of state near my sister as she couldn't live alone anymore. My sibs want to sell it, I would like to purchase and use...
I closed up a wall and added a kitchen to existing square footage to make a one bedroom rental apartment in a property I own in Long Beach that is zoned for single family. One of the neighbors filed a complaint with t...
Investment Info:
Single-family residence wholesale investment in Arlington.
Purchase price: $130,000
Cash invested: $1,010
Sale price: $160,000
This seller inherited the property from her Father ...
The gas furnace in a house I'm buying is 30 years old. From what i've been told by neighbors, and from what I see of the building--haven't had it inspected yet--the owner had it 26 of those years and took good care o...
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $620,000
Cash invested: $145,000
New construction duplex build in 2022. Each unit is a 2 bed, 1 bath with...
What am I missing?I am a first-time investor. I have located a triplex in a college town of 69,000 people. The state university has 21,000 students. The triplex is located 1 1/2 miles from the State University closest...
I am negotiating a FSBO right now and am attempting VA financing for the purchase. I know I will need a VA appraisal, but an inspection is not required.
For those of you comfortable with the evaluation of a resident...
I'm getting close to going under contract for a 4 plex built in 1950. The seller gave me his inspection report from 4 years ago when he bought it, and the inspector suspected asbestos floor tiles in the entryway. I kn...
Here's the story. We closed on a 4 unit and 12 unit building in January under a single deal. Since then, we have discovered a few minor things that were not disclosed prior to closing (broken stoves, a minor plumbing ...