Chris L.
Interested in buying an “as is” property that needs work
Hi there! I am interested in a property that is being sold “as is”. We went through the property and we noticed some issues-leak on exterior wall in dining room, vertical crack on entry wall from kitchen to dining roo...
Angelo Mart
Best Choice for Rent Collections
My 1st property I purchased has been rented to Section 8 tenants, thus making rent collections easy. However, my new 2-Family is going to be Cash tenants (No S8) which means I have to collect. Which is an easier, fast...
James Free
What's Wrong With This Picture?
General Scenario: 1. Tenant stops paying rent (during eviction moratorium)2. Tenant damages property3. Tenant reports damage to city's Neighborhood Services Department; complains that owner needs to fix it4. Tenant wo...
Jack B.
Buying house with unpermitted addition?
House is listed as 1,300sf 2 bed, 1 bath but the description talks about the 900 square foot addition, which is:-A MIL apartment with full kitchen, living room, dining room, laundry room, and full bath, with separate ...
Steve Wilcox
1 purchase = 10 tax lots/duplexes = 20 units. Help with software!
We're buying a development of 10 duplexes (20 units), and I'm trying to figure out which landlord software to use.
1 purchase/mortgage10 tax lots/tax bills/buildings/insurance policies20 units/leases
Some transacti...
Rahul M.
What's a better rental investment? Condos vs Townhouse vs SFH
I am planning to invest in my first rental property but not sure what would be a good rental investment, Condos or Townhouse or SFH..i am planning to start small so Condos and Townhouse seem to be a good point of entr...
J. Martin
HUD-1, Taxes, and Capitalization: How to account for a new purchase at Tax Time
Each year, after I purchase a property, I have to re-look up how to treat the various items from the HUD-1 (closing statement) when preparing my Schedule E. I am NOT an accountant, but I did find this article by one E...
Justin Hughes
Hello world
Hi everyone,
Just wanted to give a quick "hello" and introduce myself to the community. I'm excited to connect with and learn from you all.
I've spent a lot of time speaking with intelligent and knowledgeable peopl...
Surina Diddi
Central New Jersey Property Management Assistant
Hi All, my family owns five Section 8 Rental properties in Central New Jersey. I am looking for someone to help us with a variety of tasks. Initially we have an immediate need for help with file management and some ve...
Matthew Will
Self Dealing Prohibition
If I invest as a LP in a PE Fund, in which I am a minority partner (less than 5%) and my son ends up working for the GP at some later date as an entry level analyst, does the investment become prohibited? If yes, how ...