Hi Everyone,First time posting here! Bit of a back story, I am a rather new investor and currently have (2) rental properties in my portfolio. I do work a full time 9-5 job and balancing both can be challenging. I wan...
Hi everyone, I currently own a home in Washington, DC, and I think I have about $100,000 or maybe $80,000 in equity I want to leverage to buy a second home, which I would operate like a rental though would want to kee...
Has anyone been successful at finishing a basement and turning it into a legal or illegal apartment to rent out as extra income?
Just got a call from a tenant , no heat . Its a gas furnace . The service guy was there and it has a cracked heat exchanger . This doesnt suprise me since the furnace is over 35 years old .It was due . So I am droppi...
I have not found alot of info on this , but I am interested in possibly buying my first rental property using an FHA, but I was wondering if it is possible to get a 203k loan to finance the rehab at the same time?
Th...
I have a rental property on Martha's Vineyard and I've been getting estimates for replacing windows and sliding glass doors. The property has one section that was built in 1921, though I don't believe the windows are ...
Hello Folks, I was wondering if anyone knows where to find the definition of a legal bedroom in Worcester, MA?I've been searching with no real luck.I have a half duplex townhouse style unit. Its 2 bed / 1.5 bath on th...
This bad handyman is accidentally looking to get promoted to just a regular handyman. Ive never been afraid to roll up my sleeves, but I generally know what I don't know and hire out the more advanced or specialize...
If I were to get an acceptance letter from the lender for a short sale transaction and I closed on the property and in turn leased the property back to the person who was getting foreclosed on.
The question is, will...
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...