I recently bought a multi-family property in Belmont Cragin. It is a 2-unit flat with a basement. It has three electrical panels inside (one for each unit and the basement/common areas) and spots for three meters. I...
BP community-I'm in a bit of a situation. I'll try to keep it as simple as possible:I'm in contract on a duplex that will be a buy and hold rental. Partnering with two other individuals, creating an LLC, and obtaining...
All:
Can anyone please let me know whether or not I will personally incur capital gain taxes when my tenants in common partner sells his 50% interest of two properties we co-own? I was thinking I should not incur any...
What are some of the common mistakes people make when purchasing their first small multifamily apartments? What do you wish you had done differently?
Found a nice property in a nice area with foundation issues. Anyone flipped a property with foundation issues? I feel like it will be harder to unload and scare potential buyers away with this type of issue, even af...
Hey everyone. I recently got this great deal under contract and althought everything was seemingly great, the title company is having a hard time insuring the title.Here is how it goes: the deed says that the seller a...
Hi, I am a new landlord, and I have tenants on the second floor that constantly use stairs as an extension for their apartment. Front hallway and the stairs are packed with recycling, bicycle, mail, amazon boxes ,clo...
Hello everyone, I am looking for a recommendation on a lock for keyless entry. The lock I am currently using at one of my properties dies very frequently and I’m trying to avoid the same situation on a new property. T...
I live in Massachusetts. One of my basement windows was broken and I'm not sure if the tenant accidentally broke the windows and not tell me or it was mother nature. Tenant have access to the washer/dryer in the basem...
Hello folks,
This is my first post as a desperate condo owner. I have a condo with a leak in the ceiling where I used to live. I moved out with the intention of renting it. In the week that I have moved out and was p...