I always knew it is just a matter of time until I would have to deal with the worst case plumbing issue - a broken sewer lateral under a rental property. So, I was mentally prepared for the big bill, but it still was ...
Example:
Property: 3 quadruplex buildings on the same street with separate mortgages owned by the same owner.
Sale price: 1,100,000 with buyer putting 15% down.
Owner provides a WRAP of 935,000 at a 5.5% fixed rate...
Does anyone use an after hours answering service? What are the basics of what they offer? Do they field calls and decide when to call the 24 hour maintenance guy? I imagine they dont have to be local- maybe they need ...
Hello all,
I am doing my first short sale in Brooklyn. It’s been going smoothly thus far with submitting the paperwork. However, the servicer has not accepted our preliminary sellers disclosure twice now. Both com...
Hello,My goal is to purchase rental properties; my primary residence has about 200,000 dollars worth of equity and I love the house and its location. Should I sell my house, or take the equity out of the house to purc...
Hello!I'm currently closing on a 2 family unit in Providence, RI and I'm looking for a connection to a local insurance agent -- any recommendations? I've got a few quotes back with the premiums ranging from $1,750 to ...
I just finished signing up for my Solo 401k account with Sense Financial. The service was incredible. As a business owner myself, I wish more people would leave positive reviews just as quickly as they would leave a n...
I am starting my new LLC in which I run Airbnb properties in a variety of ways:Owning property/placing on Airbnb Managing other peoples properties on Airbnb for a %Renting property/placing on AirbnbMy LLC has been cre...
Those of us in the housing industry are concerned about the rise of the Ibuyer - companies that buy your house so that you can buy another one without waiting for a traditional buyer and the months it takes to find th...
What is recommended as the least expensive way to make sure there are no outstanding liens on a property, if you are examining an out of state property?
Apart from personally going to the recorder's office to view tit...