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Hello all. I obtained a 3 unit building in Brooklyn and the carpet on the common stairwell stairs have worn through. It lasted about 10 years. I wanted to see if any of you have some good alternatives to re-carpeting...
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What are the percentages expected in Columbus and in general, I know every area is different!? At what amount of unit numbers should the percentage go down?
Also, what other fees would PM's ask for, app. fees...
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So I understand the concept of depreciation - appreciating asset that degrades (“depreciates”) over 27.5 years so you get to take a loss on taxes. My question is: how is that depreciation number determined, specifical...
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I am a licensed contractor looking for a 203k loan on a property in Englewood NJ. I have a colleague who is also a licensed contractor willing to do a lot the work. 2 questions
Any suggestion on structuring the deal...
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Hi All,I had someone PM me and ask for steps to setting up an investor/PML scenario between him and a family member. I decided to put my response up here in case there was some value for someone else. Remember, PMLs ...
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Just trying to figure out if it would be cheaper to build a new place with a in-law apt in the basement vs buying something already built. Can anyone advise based on their experience which will be cheaper in the long ...
I own a single family rental in SC, just south of Charlotte, NC. Our property management company is based in central Charlotte, about 30 minutes north. My tenants recently submitted two separate maintenance requests t...
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I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...
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My tenant wants to break lease to move to a lower rental. Should I lower the rent to keep them to the end of the lease which is one more year or let them just break and leave?
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I'm currently planning to convert a detached garage on my rental property into an ADU. I have a few questions regarding the conversion cost and how to rental it out as a separate unit.My goal is to use the ADU for mid...