Mateusz Prawdzik
Property Manager in North Jersey and Questions from a first timer
Hey Guys, I usually never start discussions only respond to current ones, but this is the first in a long time. Why? I am looking to start getting into buy and holds and am looking to purchase a 7 unit in Garfield, NJ...
Terry Portier
Employees vs Subs
I'm a GC looking @ employees vs subs. I'm collecting employee cost based on hiring two to do rehab work @ $30K ea to make the decision. I don't like not having control over my subs, that is why I am looking at emp...
Matt R.
Is a fee for smoking enforceable?
The lease signed by one of my inherited tenants contains a strict non-smoking policy that includes a clause citing a $200 fee per incident. I hadn't really thought about enforcing this policy until very recently, when...
Colton T.
What's a standard % of TI Allowance on a shell retail space?
Good evening,I'm leasing out a 2000 SF shell retail space on downtown strip that's been used for retail for the past 15+ years. Stripped down to shell since last tenant. It's useable with minimal build-out as-is but a...
Bienes Raices
Ponding on shower windowsill
There is a small window in the shower and water is ponding on the sill when the shower is used, which apparently is causing the shower wall tiles to deflect below (most of them now need to be replaced). I was told tha...
Christopher Lennon
Should I Sell keep or rent
Hi everyone,
I was able to buy a home last year in Charlotte nc for around 223k off the statesville rd area. The home is in a great location about 7 minutes from uptown and NODA. I’m looking to sell ASAP and hoping t...
Satish Kumar Kommineni
Foreclosure Property W/Subject to mortgage
Hello Fellow Members,I am interested in a property which is up for sale in County Sheriff sales. I've never been to foreclosure sales and wanted some input from experts. I am planning on taking the deposit amount as c...
Keith Doe
Cleveland rental $85k and under
Hi, I was recently approved for $85k in Cleveland. My criteria for a buy are: duplex to quad, preferably tenants in place, light to no rehab, cash flow $200/door after mortgage and 30% for future repairs.
My agent h...
Nick Albin
Found a house. Let me know what you think
So I have been doing alot of searching. I found a house on a dead end street with a double lot in a pretty good consistently growing part of town. The house is in good shape. No structural props. Plumping and everyth...
Angel Wu
Are there CoC 8%+ markets (without needing rehab)?
Anyone know of any markets with CoC of at least 8% without having to rehab? Is that even possible with today's interest rates? I'm new to this so need your input. I identified a hot market (Columbus OH) and analyzed m...