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I'm selling a rental property for $232,000. There is a $60,000 loan balance owed on it. After commission and closing costs and paying off the first, I will net $158,000. 1. Can someone clarify for me which of the abov...
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Background: I live in Frankfort, KY and the City does not have any record of having an easement for the sewer line or drawing where the sewer line runs once it is off my property. 1. With no apparent easement, am I ...
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I have a crappy upstairs neighbor renting the unit above me & I own my downstairs unit. So far, the tenant has gotten 2 noise violations & the last one resulted in a $100 fine. Now, she has this guy that has b...
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When searching for a contractor, I would like to know your thought process as to what exactly you're looking for and what are some of the keys words that make you say "this is my contractor/person I'm choosing."
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Hi BP; I've been getting alot of questions asking how I got private money for my last deal so I want to use it as an opportunity to share so that others can do the same. In many markets today, deals are so competitive...
Hi all,So I'm a property manager in Chicago, IL and I am now looking to make an investment of my own in the city. Most likely, I'll be looking at multi family properties of two or three units. When visiting these prop...
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ok, so if you had a condo that last year was appraised as 950k, and a mortgage for about 750k, how would you "grow" it ? The current expenses are $5300 including insurance and taxes, and HOAdetails:the initial floor p...
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I have heard of refinances over and over in articles, books, and podcasts. I have a general understanding that is a replacement of a debt obligation but how do investors utilize a refinance in their favor? What is the...
I will soon begin my salesperson course and afterward I will be sponsored by a local agency. My question for all the agents out there is what exactly is in my job description in NY? Will I have much freedom to go out ...
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Hi! My sisters and I are forming a partnership and buying rental properties. We want to find some private investors to finance the down payments, in the form of loaning money to us at an annual 10% or so rate. How do ...