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I just bought a duplex rental property in Albany, NY. It is an older house - early 1900's. The previous owners had a PM company managing the house, but nothing was ever updated and any repairs were just a band-aid. ...
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Deal for 210k, 25% down, duplex, 1 side rented out for 1000. The other side is vacant. Has plumbing issues, and foundation issues. Neighborhood is bad. Drug dealer across the street, a lot of shooting in a street behi...
My situation:Renovated a home purchased for about $166k back in 2018, and for the most part, it looks like a better home, but there were some issues discovered that I didn't notice during the inspection phase. Those l...
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Hi. I’m a new landlord. How should i proceed w this situation. My tenant just called saying they just had a fire in the kitchen. They were cooking w a pan filled w oil and started a large fire and damaged the microwav...
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Good evening all!I was attending a local REI club meeting here in New York City and an interesting topic came up regarding distressed mortgages. I wanted to see if anyone on BP has had experience with these types of ...
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Rookie question. I'm about to fill my second vacancy and wondering how to get more applicants this time around. I had a bright idea: make it super easy for them to start the application process.Tenants would apply for...
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Currently, I'm using a property manager for one property. They just direct deposit each month into my checking account. I am buying another property and will most likely not be using a property manager for it. What...
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HI all,I own a multifamily home in a nice section of town with a short walk to downtown in Newport, RI. This area is an hour away from home, expensive, but it offers great return and appreciation.For my next purchase(...
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I have one rental property and a rather newly formed LLC for the biz. I have some remodel work to do and thought I would open a credit card under the LLC to build some business credit. I have excellent personal credit...
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I came across this story today on the Journal of Light Construction website, http://www.jlconline.com/leadsafe-practices/storm-...What are your thoughts concerning this development? Do think other states will follow M...