We are doing a lot of work on a 6 unit building in Allentown, PA. As of today, we realized that since we opened up walls to do the electric and plumbing work, we need to get a building permit. Because it's a commercia...
Hi Everyone, Happy Holidays!In this article about "Taxes when converting your rental to primary" - https://www.nolo.com/legal-encyclopedia/taxes-when-you-convert-your-rental-property-your-personal-residence.html, it m...
Please help! I am three months in to looking at properties, finding one, negotiating the deal, getting under contract, clearing inspection items and seller credit, getting the lender appraisal, etc etc. Closing date i...
This question is posed to multifamily operators and managers of larger apartment buildings that have recently implemented RUBS through a 3rd party vendor.In your experience, what percentage of your utilities were you ...
I’m sure many have seen advertisements for services “promising” to deliver interested leads. Does anyone have any experience with such services?I imagine either charge a monthly service or a price per sale.I’m persona...
My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
The attorney for my refinance sent me this message. Has anyone else ever had this question? I'm wondering about "adding" an attorney to my mortgage account. Does that make sense to anyone?Can you please look in you...
Recent purchaser of a duplex I will be owner occupying. I plan on doing a lot of renovations as well. Should I set up a separate bank account for rent collection and renovation expenses? Is this typical? Thanks!!!
We have tenants that are coming up to finishing their 2nd year with us. So far we’ve had a great experience with them, and they love the house, neighborhood and service we provide. We’re replacing the shower/tub combo...
Hello,This is my second official post, my other was my introduction. You could call me a seasoned member. Anyway, my question relates to house hacking a duplex, well actually any type of property actually. I have been...