I have been looking for a strip mall/ shopping center in my area and am not finding any below $3M that are priced based on cap rates or any obvious rational calculation. Also, at their asking prices, they would no...
Who is responsible for the cost of replacing the refrigerator damaged when the power was cut off to a rented condo.Our tenant reported that the power to her unit was cut off at an unsecured switch next to the meter wh...
There is something called an efficient market (well known in stocks and commodities). That is where there is no easy money to be made, as everything is priced so no one has an advantage.
Then there is the mania. Fo...
Duplex. 15 years old. 2BR/1.5BA units. 900 sq ft each. Area = C class.Rents: $500/unit for $1,000/month gross.TOTAL INCOME: $1,000/moExpenses: Taxes = $55/moInsurance = $75/moProp Mgmt = $100/moCap-Ex = $100/moOng...
Hello all,
If anyone could share their thoughts/experiences with evicting tenants for non payment of rent, I would be most grateful. I file for an eviction hearing which I will need to attend in 2 weeks and I am h...
I spent many years as an industrial/architectural paint sales rep. I feel like I could answer and have probably dealt with most issues you encounter so please feel free to shoot me a message if I can ever help you out!
Just bought an older house and have explored rewiring. As was mentioned in another thread, I'm thinking about waiting until winter time to get bids on the work because everyone seems to be swamped in my area (San Mar...
I own 1 rental property in Sarasota, FL, I live in NYC. The home has well water and I hired a well maintenance company, the system has had some issues since they moved in. Every time water is restored within 24 hours,...
I came across this article this morning in the Wall Street Journal. Hopefully, everyone can get to it without hitting the paywall. https://www.wsj.com/articles/t...Just in case you do hit the paywall, I will do a quic...