The situation:We very recently purchased a property based on a home inspection that was currently occupied by a tenant. Turns out there was a LOT of hidden damage. From what I understand, there is little we can do bec...
I thought I would share what I feel is a small win with the community. Last week, I closed out the cash-out refinance on my BRRRR in South Jersey. Money wise, this property cost me $475 after the cash-out refinance. N...
Hello,My apologies if this topic is covered elsewhere. If so, feel free to point me to it. We are about to acquire a 10+ unit multi-family residential building in Chicago built c. 1970, and are exploring options for u...
My wife and I are currently looking at townhomes in DC. Every house that we're looking at has the zoning code that allows for a second unit. Would it be more beneficial in terms of equity when we go to refinance to pu...
Hi All -I am gut renovating a 2300 sq 2 family house into a 4 unit 4100 sq ft multi-family building. I have the ability to start from scratch? Assuming 3 units are about 1000 square feet and the fourth is 700 squar...
Was just watching a pretty moving show on Dateline about the poor sections of New York . The NY Housing Authority has 400,000 people to deal with, and that is in addition to private landlords. In this episode, two ...
I'm looking to convert my Brookland DC row house basement to a legal rental unit , I was wondering if anyone has done this, what was the cost?My ceiling height is 6'2 in the front and 7'5 in the back of the house, s...
I have a SFH in Indianapolis. For the last three years now, the tenant has been acting in what I consider to be a strange fashion concerning the rent. One or two times a year, the tenant fails to pay their rent and, ...
First I would like to express my sincere appreciation for this website! The confidence, wisdom and success of the posters are extremely encouraging to this rookie!
After spending the weekend pouri...