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Hey everyone.
I’m looking for some advice. I’m having trouble renting one of my units and I’m looking for some ideas on how to proceed.
Quick note ::: there are some links at the bottom of the listing and tour...
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I am in contract on a 6 Unit with an oil tank that can't be removed for being to close to a utility pole, seller says he won't mind if i back out of contract based on this. (He has another buyer that will take it as i...
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Hi everyone have a 2 family under attorney review in Bayonne, NJ. During review attorney passed along that a there's a decommissioned underground oil tank, I saw reports/permits from state of that. I asked my attorney...
I wanted to hear from folks in the West Texas region regarding the RV parks vacancy and unemployment rate with the current oil price being so low. I'm evaluating at a RV Park purchase and they claim it's 100% occupied...
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Hi, I was about to close and we discovered an oil tank we removed it and it has holes.Now we are waiting to get the results from the New Jersey lab to see if there is any soil problem, I am having issues because my r...
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Hi,I am currently under contract and buying with a mortgage.The owner took out an oil tank and it had a leak. The soil got cleaned and the whole is filled, but the bill is not paid yet. The owner does not have cash an...
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I have a four unit in "upstate" NY with one oil boiler paid for by me. What is the best way to separate the heating system and pass that utility onto the tenants? (The utility company will run natural gas lines to the...
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I have a single family rental home I would like to sell. I would like to use the proceeds as a down payment for commercial real estate (raw land). Can I do this through a 1031 exchange?
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Hello Everyone!
I am needing some advise on a property I have found. It is a small RV park (12 spaces) mainly used by oilfield workers. The posting says they currently rent for $400 a month, which is average for tha...
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Hi BP family,I need help in figuring out a path forward. What would you do?Background:Purchased 7/26 triplex in Orange NJ for $296k with a conventional 30y mortgage in my name. 2 oil tanks were onsite before purchase....