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Hi everyone, I am in the process of buying my 1st rental property and just finished with home inspection. The only thing that worries me are bulges on the drywall at three different spots cause by leaks. Two spots are...
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I have a tenant (husband & wife) that have been with me for 8 yrs. when they first signed the lease they asked for a 5yr lease with a (3 - 5 % ) increase per year when the 5yr lease exp. they resigned a 3 yr leas...
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We are looking at sub-metering the water in an 8 unit apartment building we are moving on in Norfolk. Any one have any experience with this in the area? looking on recommendations on who to go with and equally as im...
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Florida has some well defined rules about brokering and marketing real estate. I want to make sure I steer clear from having any issues with this as I am not a broker nor do I work for one. SO, does every wholesaler o...
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Hi guys,I'm looking to get into the short-term rental space with Airbnb & Vrbo, but I have a dilemma. I live in the bay area where properties are extremely expensive, especially places that would be desirable as t...
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Just had a home inspection completed on an older home (1900) and they found knob and tube wiring. The house is a duplex with one side rented and is 3,600 sq. Feet. Also, I had an electrician come out to give an estima...
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well after a long long year of rehabbing a 20 unit property, it's time to convert my construction loan to permanent financing. The local bank that did the construction loan has presented me with two different loan cho...
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Can anyone share their experience of when they bought their first apartment building? What bank did you go to? What was the process and requirements like.? Did you have all of your financing options in order before yo...
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I was wondering if I would be eligible for the $8000 tax credit if I:
1) purchase a condo now
Year #1: Live in the condo for one-year
Year #2: Rent the condo to someone else for one-year, while I finish Ph.D. work i...
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Hi Bp, I recently bought a 3 family, fire damaged property In New Haven Ct, the fire was contained to 1 wall in the bath room, so the damage is not major. When I went to go turn the power on, the power company said th...