Hi guys,I am new to REI and have LOVED the idea of flipping since I was in my 20s (56, now). I am looking to buy my first flip deal. I like it because I love seeing something in distress come back for a second life. I...
I have a 1930 3/1 in Cleveland which has a basement with water issues which has been my nemesis for the past 2 years. Last year had to dig up the sewer line in basement as there was a cracked line. Made the repair and...
Hello everyone,I recently purchased a property that I am going to househack then rent out after a year or two of living there. It has a kitchen in an area of the home where there's no attic access. The kitchen feature...
I'm considering purchasing a commercial office building that has 4 suites. My own business currently leases one of the spaces. I would like to then convert it into a commercial condo. I know I would need to establis...
Hello- We just got our home inspection done for our first time home and here are the major issues that our inspector identified. Since it is sellers market, we are already paying way over the listing price. Would you ...
I’m one year in to owning my 4 unit multi-family property. Bought it for $209,000.i have dramatically remodeled the building in under a year and doubled the gross monthly rent income.As of right now I have a cap rate ...
When performing Due Diligence on a prospective investment in this case a Mortgage Note.. what questions are we looking to answer other than maybe status of title and estimated value of the physical property? Any input...
Hello experts,I believe that for a full tax deferral of profits through a 1031 exchange, I need to have occupied the property for at least 2 of the last 5 years. A rental property that own was occupied by me for the f...
Hello,
I am planning to demolish a swimming pool in the backyard as it is not in good shape and the weather is usually on the cooler side so the usage would be very little if at all, besides fixing the pool in its cu...
Hi all! I purchased and renovated a house with a separate legal mother/daughter apartment that I am preparing to Airbnb here in Central NJ. I wanted to find out from those of you who are house hacking; do uou have se...