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Hello, We were out of town and our neighbors check on the heat etc at home when we are away. This time, when we were gone on vacation, our neighbors opened the kitchen sink faucet very little because it was freezin...
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Friend bought his first property and inherited a tenant on a month to month. Verbal commitment to sign 1 year lease with me. Day of signing, tenant goes missing, and never came back, home sits with all his stuff 2 mon...
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A tenant recently moved into my NYC rental unit. He needed the pipes under the bathroom sink tightened up. So I went by yesterday and let myself in. Fixed the pipes and as I was cleaning up I noticed a crack in one...
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A seller has a small apt. complex for sale. He's offered for a buyer to assume his loan (orig $165K, now bal of $132K). NO dn Pmt. Any way to have him sign over the title while we continue to pay the loan, then ref...
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Hello FolksThanks so much for such a great forum. I had a question and wanted to seek your opinion1) I put in a clause in lease that says I will put in new AC (window/internal) by a certain date. A weekend before that...
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I'm a first time RE investor, looking for my first deal. While looking into one multi family property, the seller said all three of his properties were for sale for $225,000 (17 units). These properties are on the cus...
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I have a question about liability. Our tenant is a licensed plumber. Yesterday there was a leak coming from a valve that comes out from the wall under the bathroom sink, so he turned the knob on the valve to tighten i...
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If I purchase a house with intent of finding a tenant buyer to sell with a lease option, do I need to apply the 50% rule with this property. I am not planning on renting it, the term would be 1-3 years. The potentia...
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This post marks the start of a journey to decide what state then area is the best place to invest in buy and holds. In general there are many criteria to consider when deciding what area to invest in like cash on cash...
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My background includes renovation, construction and apartment building property maintenance/management. I want to buy a house that needs work and do a live in flip.This will be my first home and I pre qualified as an ...