Gorden Lopes
Floor support looks suspicious, what do you guys think?
Hi Guys,Need your input on one of the house I have under contract. I got the pictures of the floor support in the crawl space through inspection and it looked little dicey to me. Attached are the pictures.The pictures...
Norman T Eng
Is it a good buy? Property advice.
There is a property that I'm looking at in GA. It's 6 units. rents are between $650-700. They stated the cap rate is about 7% but I calculated 3%. NOI is about 25% of current monthly revenue. It's also recently b...
Daniel Milde
How Separate Are Duplexes, Triplexes, and Quads Really?
Hi Folks! I am new to the real estate investing game and have settled on house-hacking/ live in land-lording. Many of the properties I am considering in my area are older homes that have been converted to multifamily ...
Mark Mynhier
Buying from people in Senior Living Facilities
Someone in the management end of a Senior Living Facility (not dealing with dementia patients) contacted me concerning helping some of their clients. She wanted to know if I could possibly purchase some of their homes...
Yehoshua S.
income to expense ratio
Does income to expense ratio matter in purchasing or future Cap rates or does net rent=net rent regardless?
Reid Sealby
How do I file taxes on SIGNIFICANT home damage?
Hi everyone!I'm trying to figure out the best way to approach my taxes this year, as it was a bit of an unusual year for our house. Here is the situation...-Ran an airbnb in our basement from Dec. '21 to June '22-In J...
Account Closed
Beware of Credit Scams over the phone!
so i was busy today....eating a rushed chinese take out lunch in my mechanic's office while he fixed some thingamajig on my truck...as a lot of you know, i've been working my rear end off on a 14 unit rehab...well it'...
Dee Henriquez
Advice on washing machine agreements
None of my rentals include washing machine hook-ups but I am considering changing that. If the tenant has their own appliance what should I be including in the rental agreement to reflect care and maintenance of the ...
Chris Damon
Reasonable and Customary for title agents to ask
Got an unusual one.....selling a house, from an estate, as court appointed administrator. New Jersey Title agent is asking administrator to provide the consumer credit cards and amounts, of decedent, owed to consumer ...
Amy McElroy
Potential Wholesale Deal
I am new to Real Estate Investing, but I think I may have found a property that I could wholesale. I am wondering what my next step should be. It is a single family home, but used to be a church a long time ago. In...