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Hello BP, I've been a residential general contractor for 12 years. I specialized in renovating distressed properties in urban areas. I've decided to become less hands on(hang up my tools) and devote most of my time to...
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Lately I have seen a number of posts from what I consider some of our most respected posters on the board using standard procedures to calculate returns. One of the calculations that happens frequently is that someon...
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I have a friend with a condo in a nice part of central CT. She came to me asking what to do, and I am hoping that some of you can help me, help her. She is very upset that her condo association keeps raising her HOA f...
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hi all,Considering purchasing a house that's a 2/1 and making it a 3/2 with a master bed/bath in the basement. It's an older Baltimore home so the basement is unfinished and the ceiling is probably only 6.5 feet at it...
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Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...
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I'm going to my first tax auction in Virginia in about 3 weeks and know nothing about tax sales. What due diligence should I do before I go? If I buy a property what should I expect afterwards? Any information would b...
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I know many of you are in the lending business and I know most of you have good ethical practices. I am hoping that what I am about to post is an exception, however I want to bring this to your attention.
In Januar...
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I'm in the process of purchasing a duplex for "buy and hold" purposes that will cash flow from the start in one of my local markets. I'd like to know if what I'm doing with a local bank to finance the purchase is abo...
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Hi All,While I'm relatively new to the New York real estate investment game, I've been a licensed NY/NJ attorney dealing with real estate law (mostly representing buyers/sellers on residential and commercial deals and...
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I'm considering selling my primary residence and moving out of state... yes I'm from the amazing overpriced California. Before making any decision I'm researching what are my options for minimize the tax implications....