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My tenant in Jersey City NJ is looking to break lease early. He states his reason as pending layoff - of which he is not sure but says it is inevitable in 2-3 months. I try to be understanding and accommodate my tena...
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As Ive been reading through some threads what the maximum distance should be for someone to invest in a property, it seems the consensus is no more than an hour. Where I live it is impossible for me to invest anywhere...
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Hello,
I crawled through the crawlspace in a house I am preparing to rent yesterday and found the earth was damp where water has come in from the vents during a recent heavy rain.
There are no rain gutt...
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I am in the process of buying a HUD home, and the title company informed me that the house I am buying never had the Final inspection closed on the swimming pool and it has been expired for 20 years. The house was b...
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Opportunity for me to purchase a turnkey in S Jackson MS. Not in flood zone, not in high crime area. Seller will carry for 5 years at 7.75% with $6000 down. 3/1. Schools are of course 5/10, 1/10, and 3/10.
May not...
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Hey the neighbor on one of my properties called this mornings and said he was having a fence guy come and move the fence 1.5 feet on to my property and showed me a survey that he had done. Moving the fence will destro...
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I recently spent some time catching up with an old friend via Zoom on our various business endeavors and how our careers since college have been going.I told him about my recent RE journey and shared my investing stra...
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I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...
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Is there such a thing called an emergency eviction? We have a 6-unit multi-family in upstate NY. We have a tenant who's been an amazing pain:1) Smokes pot all day and it fills the entire building of pot, tenants compl...
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Hello folks.I own only one duplex for now but plans to grow soon. I want to include language in my lease requiring my tenants to posses an active renters insurance policy as well as indemnify and hold harmless the lan...