I have a duplex that I would like to buy. It currently has a vacant side and a rented side. The rented side is for $575 and below market average which is $750. She is elderly (mid 70s) and has lived there for 13 years...
I need understanding on subsidies in an apartment building in NYC. If I buy this apartment building that have subsidized apartments I am aware I can’t bring the rent up. But the question is once the tenant has left t...
I am buying a property that has existing section 8 tenants that are month to month.Once I close I would like to raise the rents. The town does not have rent control. Is there certain guidelines I would need to follo...
Consider the following scenario, presented by a question.Buyer 1 and Buyer 2 live in a low supply high demand multi family housing area. There are only 2 MF houses in this area. MF1 is priced at 1m and MF2 is priced a...
View report*This link comes directly from our calculators, based on information input by the member who posted.The loan I am preapproved for wants 25% down? Is 25% normal for a quad multi family home?...
Hi there!
I'm considering offering on a 3 unit property. Two units will be vacant upon closing. I plan to fix up one and rent at market, then house hack in one of the units. The tenant that will be remaining is payin...
Hey guys, I bought a property back towards the start of March. The property was wholesaled twice before we bought it. Unfortunately, it was never disclosed the property was in the flood plains. The flood elevation lin...
Hello,
am new to investing, and managing property looking for advice/guidance
1] I am trying to find out how much i can raise the rent on my tenant and how many days notice to give them.
I have a single family r...
Currently charging $1000 a month and lease renews on 6/14. Current tenants are easy going but are late alot and take ok care of the property, they could do much better but I can live with it if it does not get wor...
Hello BP!I just moved in some friends to my house that I've owned for a year. I got them set up on Cozy.co and they'll be there for about a year while my wife and I move in with family to help raise our new baby. Is t...