Hello, my husband and I closed on our first rental property in Woodbury, New Jersey. We unfortunately inherited the tenants, but the property was a good deal, so we went for it. It is a duplex, both tenants pay $700 ...
Hey Lenders, I'm going through my first default process on a private loan for an investment property and I've done so with the assistance of an Attorney. However, I’m curious how much of this process needs to be d...
Hey all, I want to ask if you would sign this contract.PM has a snow vendor who comes out to shovel if it snows more than 2". They charge us $250 per "push". Since we have 2 buildings (right next to each) the total is...
We are in negotiations on a 16 unit. Purchase price will be somewhere around $600K. We primarily wholesale and should end up somewhere around $400K this year of income from our wholesaling business. We met with our ac...
I am considering the purchase of a small commercial mixed-use property. It is a building with two current multi-year leases (post office, yoga studio...no history of lengthy vacancies), and a very small owner-occupie...
I have a lie that I haven't had to deal with before and my inherited lease is silent about.Tenant is a section 8 tenant who has approval for herself and her two kids. However, there is another guy there nearly all th...
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
What are the pros and cons of accepting section 8? Any pitfalls, do’s or don’t? I don’t know what I am getting into.