Mario Mach
What is the point of buying a condo in NY with the HIGH HOA fees?
Hey guys,I've been considering buying a condo in NY for $<500K. There's a healthy supply of units but I noticed that each one generally comes with a monthly HOA/maintenance fee of $1000+.So let's say you buy a stud...
Clint Barrett
Newbie question about buying half of a duplex
Hi, I've been reading a ton about buy and hold and just recently found Biggerpockets. I have found what I think would be a great cashflow rental, but it is half of a duplex. I'm wondering if there are any legaliti...
Michael E.
Potential 7 unit
Hello everyone,I was looking for some feedback on a potential property in Maryland. There are 2 buildings, a duplex (1 BR + 4 BR) and a 5 unit (1 Efficiency, 1x1 BR, 2x2 BR, 1x3 BR) for a total of 7 units. Both buildi...
Daniel Kim
4 PLEX, in NY. First Deal, Gotta Move Quick!
Hi Everyone,I currently found an off market 4-plex in yonkers. Pro's- literally 5 minute walk from the ludlow station, turn key(no renovation needed/owner was a contractor), extremely friendly tenants(spanish), safe f...
Jesse Os
Requesting Seller's / Landlord's Tax Return
Hello BP. I was wondering if others commonly request the seller / landlord's tax returns when buy a rental property. if so what is the common practice for this. would it have to go through an attorney to scrub the per...
Allen Clark
Bought 1/2 of the duplex should I buy more?
In December I bought 1/2 of a duplex in urban Seattle. . Purchase price: $350kSize: 1,100 sq ftMortgage + taxes + insurance: $2,000/month Down payment: 30% = $105kAge of house: 8 yearsHOA: $0 - no HOA at allrehab $$ s...
Charles Stalnaker
Circuit Court judge removes C&R including POA membership requirement
Five of 50 property owners recently sued the subdivision Developer and the POA. They asked to be removed from the Covenants and Restrictions (C&R). The C&Rs required POA membership. The circuit court judge in ...
Michael Orlando
Favorite water conservation methods?
Hey all!What are you favorite water conservation fixtures to use in your apartment buildings? I've heard good things about the Niagara Stealth toilets (0.8 GPF) but am curious on other models/brands of shower heads an...
Lance Smith
HOA Fees and Investment Properties (Buy and Hold)
Outside of the basic calculations for monthly cash flow how much consideration is being given to monthly HOA fees? In my area they typically average $200 to $300 and they do not seem to be proportional to the valu...
Eli Epstein
Property Manager Contract
Hi Bigger Pockets community. I am a new real estate investor. I am reviewing the contract the property manager sent over and I would like some feedback from you all if these terms seem fair. Being that this is my f...