I was talking to an agent in the Bronx and she said she doesn't really deal with 4+ units in the area because they aren't worth the inspection headache. Just to name a few of the issues,
- full inspections by various...
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I'm trying to recall a law term... in relation to the following situation.
You buy a house sub2, you disclose to a lender you are the new owner. Then a year down the road they decide to invoke the due on sale clause...
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We're looking at purchasing a foreclosure property- It is not owned by the bank and, if their is a successful high bidder, a trustee's deed is issued. Are their any things to be aware of or concerns pertaining to a tr...
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I'm selling a property (land) and would like to defer taxes. I've been doing some research on 1031 and do not know if I even would qualify. One thing I have read is that the title must mirror one another (sale and new...
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Do you think it's appropriate to place a tenant whose primary source of income is from new memberships of a multi-level marketing company? What if the tenant destroys the air conditioner, let's say with a hammer, and...
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I am a relatively new landlord / multi-family investor. I bought one of the worst houses in a good area of town. In this B-level property I have 4 units, one of which I completely renovated when I first bought the pro...
so i have a partner.
the deals that work i wholesale to him. the deals that dont work i give to my partner for a finders fee and he can list them with mls or whatever agents do...
how much should i be a...
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I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...
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Hi everyone! I just joined BP and I've been researching real estate as much as I can like everyone else as it interests me a lot. Im from and currently live in NY, i work as an aircraft maintenance technician and want...
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i'm working to negotiate on a property from a friend (seller). the seller has been fairly set on their price, but they also are tired of sitting on a vacant property for the past 2 years due to lots of city violations...