We are under contract on 3 lots and the city told us that the sewer is very shallow in this neighborhood and since the lots drop about 8' from the street our options are either build up or install grinder pumps on all...
Hello, I have 53 units so I'm not a rental newbee but I've never done a 1031. I'm looking at selling a SFH rental and replacing it with 1-3 Multi family properties. I have a good lead on a facilitator, actually my law...
I just sold my two family home in central New Jersey. I bought a single family home in roughly the same area. It’s a very popular and desirable neighborhood that warrants excellent rents or resale. My plan was to mo...
Hi everyone! My business partner and I are considering purchasing an up/down duplex in a small city. The top unit was built in 1910 and moved onto a new basement in the early 2000s. We plan on gutting the top unit a...
Good afternoon everyone,I'm currently in the process of closing on my first rental property, and am applying for and selecting insurance coverage's. I'm looking for some advice from the seasoned investors and insuranc...
Curious what people's thoughts are on home warranties and whether they are worth it or not? We have heard very mixed reviews with some people saying that they are terrible and other people saying they're great. We h...
Is it worth the effort to do Cost Segregation Depreciation for a smaller 4-family residential building?
According to the IRS there are several methods of doing a cost segregation analysis, one of which is a '...
Hi all,First post...I think. Anyway, I found an off-market deal from a seller locally and ran it through the calculators. I can comment or post them if it would be helpful but I wanted to get input. The seller said it...
I currently signed contracts yesterday for a 2 Bedroom, 1 Bath, 800sqft home on .35 of an acre with a detached 1 car garage. My HUD home inspector is scheduled to meet me and my realtor at the property next week. I al...
I assume 2-3 wouldn't cut it (time-wise), should I be looking for around 5 or so? Much more? Much less?