I have Coin-Op laundry in my basement available to all 3 units. Can I monitor these with a camera legally?
What are some common ways of splitting expenses in a co-owned property where one partner stays in one room of the said property and another one rents out a room? In case of loss of rent, is it common for the non-resid...
I'm curious... Would you be able to do a 1031 exchange where you are using the proceeds of a sale of a rental property to invest in a syndication deal?
I recently bought a multi-family property in Belmont Cragin. It is a 2-unit flat with a basement. It has three electrical panels inside (one for each unit and the basement/common areas) and spots for three meters. I...
Hi, I bought a building where I have common area and basement. Is common area considered Residential or business? PSEG charge me gas and electricity as business. Any input appreciated.
Hey everyone!I currently have two tenants in a unit who pay separate utilities and rent under the same lease. One tenant is moving out, while the other is staying.I have a few questions as the lease wraps up:- How do ...
I am reading the book, Building Wealth One House At A Time, and came across “Holding title as tenants in common” and was wondering if anyone has any experience with purchasing property this way? And if you could shar...
I have a friend who is a part owner of a triplex. Neither owner lives there so it is clearly and investment property. Investor 1 would like to cash out investor 2 would like to roll his money into a duplex that he w...
I am in contract on two older MFHs totaling 14 units. It's a mix and match in terms of what utilities tenants pay for between the two properties. Both have submetered electric and one has individual thermostat control...
Hi!
One thing I run into often are borrowers who are looking for loans based purely on the After Repair Value of a Fix and Flip investment. Because of common marketing strategies by the industry, their expectation is...