I have seen general questions and uncertainty from various people about multifamily properties and how they are classified during the application for a mortgage. There seems to be some ambiguity in determining the # o...
There is plenty that goes into flipping. But to be successful and profitable, takes some distinct characteristics:1. There needs to be demand. Are other flippers working in the area or will you be the only one. Don't ...
I'm looking a property that is zoned as 2 units, but has an attic studio with separate water/heat. My goal would be to live in the studio and rent the 2 units below. Would I run into any issues, legal or otherwise, by...
Greetings -
This is about a 25 unit building in Elizabeth, NJ. The building has been managed by my parents for 30 years, and I have recently moved in to assist with management.
We have a problem with tenant loi...
Bought a property that I just started renovating and I noticed the railings seem short. Pic below. The height is 30inches. Is that legal? If not, any recommendations on how to fix that affordably? My budget on the re...
Hi -
I am currently under contract for a 1960's era home in Jersey City. The home has a central Oil-Fired furnace which provides both heat and hot water to all three units. The current owner has agreed to remove the...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $60,000
Sale price: $190,000
SFR 1548sq ft 3 bdrm, 1.5 bath. Gut remodel, new drain,elec...
I am moving away from single-family rentals (been doing them for over 20 years). While they have helped me build some decent wealth I am ready to move on to other ventures. I am currently under contract on a 10,000 sq...
I'd like to get some opinions on flipping a home that was built in 1890. Before you answer, please know that this home is in Waukesha County, Wisconsin where home values are higher and there is a good bit of new con...
I have a couple of questions. First I just had my flip property waterproofed or redirected. So, I was told I could not nail any studs or carpet strips to the floor or I would void the warranty. What is the correct ...