Balarka Velidi
Comps for renting property for home daycare business
Hi, I’m trying to rent my house and was approached by a prospective tenant who wants to live in the house and also want to run a in-home day care in it.
I am not sure how to price the rent for tenants who wants to ru...
Young S.
A Client said he want offer full price but
Client said he wants to offer full price but he wanted to see again with his wife. Then he wasn't show up and text me after 10 min after he said he was sorry, his daughter admitted to a hospital. So I rescheduled to 2...
Asim Sheikh
Newbie struggling to find good deals in Long Island
Hi All - Since the title describes the main issue, let me drill into the specifics and I would love to get feedback from the knowledgable individuals in this forum.
This is a hot market for real estate and it’s even ...
Zachary Cuneo
Capital Gains on Live-In Duplex
Hey everyone,So I can't seem to get a straight answer on this, so I hope knowledge here will help to answer this question. I owned a Duplex from May 2015 until December 2017. I moved in on July 15, 2015, for a total o...
Sandy Uhlmann
Stainless steel kitchen sinks: 50/50 bowl size or unequal bowl size?
I am putting new countertops in the kitchen of a rental property that I am rehabbing. I plan to put in a double bowl stainless steel sink but I am wondering if the standard 50:50 bowl size is still the way to go or i...
Devang Patel
Tenant with disability
I just closed on a new home and am looking to rent out the home. A possible tenant called me and said he is interested. He brought up the issue that his daughter has been in a coma for four years and there is a lot ...
Melody Stevens
Trouble Obtaining Financing
Hello All!! I need some direction.I have tried applying for different types of mortgages so that I can purchase my first rental property. Due to the amount of student loan debt I have and it being in deferment because...
Syed Firoz
Do I need home insurance for buying home with cash
I am planning to buy a home with cash. So, I will rent this home in future. Do I need to buy home insurance? Should rental insurance purchase by tenant cover the liability?
Ken Mull
Minimum time a replacement property needs to be held prior to using for another 1031?
I performed a 1031 exchange last November 2023. I have found another property of interest and I am considering selling the replacement property from this previous 1031 and using it to 1031 into this new property. Is t...
Bob L
Offers for a home surrounded by rentals
Hello,
I heard that when bidding on a REO home surrounded by rentals you should offer less than a similar home on the next block over surrounded by owner occupants. Is this true and what is the usual discount? Does...