Account Closed
NEED YOUR OPINION - Cost Basis in an Acquisition Transaction
Hello guys,My business partner and I just had our construction project completed by our developer with a condominium building consisting of two units (one unit has access to its own rooftop and another unit does not h...
Luke Mike
Retaining Wall: Who is responsible? (see picture)
Hello,Who should be responsible to maintain/replace this retaining wall, should it fail? The upper or lower owner?I read that it typically is the lower owner, however the lower owner is at the street level. The upper ...
Cole Greene
Rowhome Rear Addition Thoughts
Hey all,I'm a real estate newbie and I wanted some ballpark cost estimates (maybe 20K range?) on a project I want to do. The property is a ~12 foot wide and ~33 foot deep 1914 brick rowhome in Baltimore City. I want t...
Patrick Philip
What materials should I upgrade for higher end flips?
I like to do everything the same way. For this flip, I used:-Sand Beige 16"x16" tile from Home Depot. Cost I think $0.65/sq. ft. when I bought it.-Butterscotch cabinets. https://www.homedepot.com/b/Kitchen-Kitchen-Cab...
Stuart Alexander
Soundproofing between units?
Hey everyone, currently living in a house-hack (over/under - we live in the upper unit). Original plan was to move on after a year, but we really like the area. Problem is, it's a wood frame construction, and the nois...
Casity Kao
How do I include a legal clause on split utilities?
We have a single family home with two levels and will rent out to two tenants. Gas electricity and water are all one meter. Utilities will be under our name and we will bill tenants. Lower level is 950sqft and upper l...
James Park
The Wealth Management Process
I have read a lot of books in finance and real estate since my early 20s, but one thing that has always been consistent in my readings for the past 18 years is the wealth profile of millionaires. In chart above you ca...
Xumin(Cassie) Ma
Upper Peninsula STR
I am new to Michigan UP area. Right now we are looking for properties to do short term rental/airbnb around Porcupine Mountain and upper north to Copper Harbor. Any investors here can provide some insights of the mark...
Pete Woelfel
Tenants not getting along - allegations of threats
I have a duplex I self manage where the tenants are not getting along. There has been petty stuff for a while that I've tried to stay out of. It sounds like it reached a boiling point on Saturday night. Lower level...
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brooklyn
situation is like this my cousin and his wife have good stable jobs and income and are pre-approved. they have good great credit. they are in the midst of purchasing a property in the brooklyn area that is becoming a...