We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...
I'm gonna partner w/ a guy to do a refi on a number of homes. He needs to have a partner w/ good credit to do the refi since his is not that great. The homes already have close to $100k equity built in. We talked abo...
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
Today I own two properties, one is a long-term rental and the other being my primary resident. I am looking to buy a third within the next 6-18 months as a long term rental. I am leaning towards just getting a proper...
I mentioned in my introductory post that I would attempt to chronicle my experiences as a first-time real estate investor here, in the hopes that some other new investors may relate to them and maybe even find them he...
After 14 years, my wife just got laid-off indefinitely along with probably 50% of her colleagues. Shes in the aerospace Industry and Boeing was their largest customer by far.
I'm not predicting gloom and doom for a...
Hello, I was made aware by one of my tenants that the washer was broken on sept 14. I called my handyman immediately, who was able to get there two days later to take a look at which point he informed me it was out of...