My tenant acknowledged to me he was going to move out breaking the lease. So I started looking for another tenant. The next day he back tracked but I already found another tenant. Does he have a right to the property?...

Hi all, finally bought my first multi-family in Northern NJ. It is a legal 2-family and I now have both units rented. The rents cover my PITI, but I want more! The property is a colonial with a finished basement. ...

I am starting out in REI and part of my plan to get started is to use a HELOC on my personal property. When I first applied I estimated my home value at 390k which would give me a line of credit of 62k at an 80% loan ...

We have a building with the AC units on the roof (14 of them).  We are working on an insurance claim related to a hail storm that damaged the roof and the AC units.Our HVAC guy bid to replace the units with new R-410A...

Hi All,If someone moves into a property, (a single family - for example) that was purchased through a 1031 exchange years after purchasing it, what would the tax consequences be? To clarify: the purchaser never had an...

Often, when I do a showing for one of my vacant properties, I usually ask prospects what they have seen thus far in their local rental search.  Quite often they report many "dumps" and thus was wondering if in the lan...

Hi everyone and happy Easter :)

I am in need of finding out the proper procedures to rent out a house as a cottage/ vacation property.

I currently have a cottage for rent on trip advisor renting it by the day or we...

So I have a property am selling. it’s paid off with no liens or anything on it. However, it seems because of the recent rise in interest rates, it has unfortunately push most potential buyer to get qualify for the mon...

When considering buying a home, it's important to remember that the financial journey involves more than just the price tag. You'll likely need to make a down payment, which can be a substantial portion of the home's ...

I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow.  Buyer sold the contract to someone else. Balloon was due in 2018.  He has not performed, has not paid taxes or insurance so my balance went way up with ...