I’m loooking at purchasing a small multi-family (3 unit) brownstone in Brooklyn for around 1.5 million. I plan on moving into it and renovating and renting the other units out. I am just starting discussions with mort...
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My Tenant gave a 30 day notice but he has 4 months left on his lease. He is moving out of the area tomorrow night. He emailed me this evening stating he wanted to do his "walk-through" tomorrow at 6:00 pm so he can ge...
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Hi All, first time EVER real estate owner. So, I decided why not find a place where I could get a lot of people's input on the potential of a property I now have. So to break it down let me start with the area, it is ...
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I am a newbie REI and starting to analyze more and more deals. I finally found a 4 Plex with promise through a local wholesaler. Without getting into a debate about whether to use a wholesaler or not, what informati...
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What does one pay for and expect from a management company/person to take care of your rentals? 4 properties (2 condos, 2 small houses) generating roughly 15k p/month. The idea would be to not take the calls for the l...
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I'm coming around to the idea of BRRRR instead of fix and flip. Have some questions about what to expect on the refinance side.What is a typical max ltv based on appraisal value after rehab? Is conventional refinancin...
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One of the more complex parts of being a real estate agent is setting realistic expectations for what your client can expect from the market. There are always going to be people who have unrealistic expectations, but ...
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I'm thinking about converting a rental unit to an airbnb in Chicago-Logan Square. I'm wondering if anyone has any suggestions for cleaning service, general tips. I'm also concerned about how much the winter will slo...
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Hello, Soon I plan on purchasing a duplex in Lakewood, OH. I plan on living on one of the units and renting out the other unit initially, and eventually moving out and keeping it as a full rental. I'm looking at a hom...
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Numbers
House appraised for $350k
Owe $150k
HELOC based off of credit (740), appraisal of house (350K), No credit card debt only a car payment ($350 a month) and house payment ($1600 a month)
$33k
I changed indus...