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Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
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I just had a real frustrating incident occur. First of all, I think some flippers do not understand the purpose of wholesaling or wholesalers. I have run into a bunch of flippers in New Jersey, North Carolina and el...
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I'm setting up a new rental (large SFR with backyard) in Cozy and can't decide if I should allow pets or not. My current tenants don't have pets, so it didn't come up previously, but with the new listing I'm leaning t...
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Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...
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I am a new investor and have been lurking this forum for a while. I would appreciate if folks can give me their prospective and POV on below choice:A bit about me: - New Investor.- Currently owns my own home with only...
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A little heads up from our local realtor association “The City Council on June 3 postponed a public hearing and vote on the SAFE Housing Tenant Protections, which would mandate several measures meant to protect tenant...
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I’m an Associate Broker in Syracuse, NY and this happened to me last week: I submitted and offer for a condominium on behalf of an LLC. The agent called me back and countered. My buyers accepted and we signed the d...
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With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
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I once started out on this site asking tons of questions. If you’re starting out feel free to ask me questions and I will answer the best I can. Below is my experience for context.Experience- 6-7 years- Single family ...
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There is about 20 or so tax lien states and another 5 or so that offer both.
I’m fascinated at the different ways the bidding takes place. This is often something that is overlooked or missed when people talk about t...