Tim Kaminski
Sell property to buy multiple others?
Market is hot, getting cash offers that are way over what my property is worth. 2.5x what I bought it at. It is becoming harder to ignore. Would be about $200k profit from one property that I could use on 2-3 other p...
Jamaal Smith
My monthly tax payment increased by a $600
Hello,I hope this message finds everyone well. My monthly tax payment on my 4-plex went from $1200 to $1800. It is located in Irving TX and is owner occupied. I am also a veteran if that is relevant.I was told I neede...
Mike A.
Took over a vacant building in Weehawken, NJ. Need some advice
We just took over a vacant 3 unit apartment building in Weehawken NJ. The laws in Weehawken, NJ aren't too clear on what we can rent the units out for. The building was delivered vacant to us, so since we're the new...
John Acklen
Conversation about Vacancy being "Healthy" for an Asset
I was having a conversation the other day with a good friend of mine who is in the development and asset management world about a property I'm interested in purchasing. The property is currently 100% occupied with se...
Chase Williamson
Raising rent, should i or should i not?
I have a condo that is up for lease renewal. I am trying to figure out if i should raise the rent or not. i believe rent for my market is very competitive already but the changing variable is My HOA dues just went up ...
Kyle Smith
Sewer Pipe Replacement Increase Home Value?
A duplex that I own is getting the entire sewer line replaced as the original line has failed. My question is will this increase the value of the property or is this going to be considered a sunk cost to just keep the...
Dee Georgian
Take a loss on the property or raise the rent
2 years ago I was plunged into renting my property after a loss of a job and split from my partner in Henry county Georgia where the home is under water and I now own 100% of the property. However, even though the val...
Andres Bernal
Driveway increases cash flow?
Hi guys,
Im planning to build a driveway in my triplex here in Connecticut, there's plenty space and I have all the permits to do it.
Now, the topic it's on how much would you charge per space, or would you include...
Austin Phillips
Best way to increase value
I just got a house for $120,000. it will be worth $240,000 minimum when I'm done and go to sell it. What are some ways that I can increase the resale on it other than updating kitchen and baths. $240,000 would be the ...
Quentin Mitchell
Good Tenant (Rent increase)
I just wanted to know people's opinion on this, if you have a good tenant but their rent is below market value, should you look to increase rent even if it could be pushing them out of the property from an affordabili...