The tenant has been using communal spaces as storage, such as the laundry room or carport, along with backyard. I didn’t have this rule in my original lease (I’ve added it since). My question is, is there a way to for...
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?
Hi,I’m starting out to look for investment opportunities in real estate syndications. Some funds offer preferred equity and common equity in the capital stack. What are the pros and cons of each option and in what sce...
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...
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, 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 ...
We recently moved to a different state and are about to list our property as a rental. We flipped the entire property and it's practically a brand new home in a Class A neighborhood in Montgomery County, MD. We were g...