Patrick Menefee
Purchasing an occupied 4plex - are my tenants actually squatters?
Yes, yes they are squatters.I'm in the process of purchasing an occupied 4plex that has been on the market for quite some time (will be an exciting post in the Completed Deal Diaries forum once it's all complete). The...
Cody Lown
Owner leaving property management company. Where does deposit go?
Hi,
I've got a general question that I could not find on here. I apologize if it has been asked previously. Generally speaking, if a rental owner decides to end his/her professional relationship with a property manag...
Howard Gorman
Keep or Sell NYC Condo?
I am 68 years old and retired. I own 2 Condos in NYC. Both offer a positive cash flow. Due to current conditions, the rental market now is extremely competitive. One of my tenants is leaving. I have a few choices. I c...
Phil Park
Advice for new agent
I am a new agent that earned his license in March. Since then, I have had a few clients and submitted some offers too but the deals fell through due to unforeseen circumstances (Lack of funds, seller backing out, etc)...
Peter Morgan
Split AC vs HVAC system
Hello,I have a 15 year old HVAC systems in my multifamily duplex and I think both the units have reached end of life.i came across mr cool mini split 24k btu on sale for $1500 and thinking about replacing my old HVAC ...
James Hamling
Media says end of R.E. at hand....... is this the end????
Everywhere a person turns today it seems to be a constant assault of some messaging about impending doom in Real Estate. From Youtubers too mainstream media, it's everywhere, sounding off of various frameworks of same...
Bob O'Neill
Help understanding seller concessions
I am selling a single family rental property for 189900. I just received an offer for 190000 with 11000 seller concessions for closing.It was offered with a Hubbard clause/fha loanAlso the buyers will have no initial ...
Kyle Waters
Hiring the perfect Contractor
Hey everyone, I hear all the time finding the right contractor tends to be a struggle. Does anyone have a list of criteria to look for in finding a decent contractor? I'd love some help as I'm moving into my first reh...
Remmy Vernon
Elderly Tenant Moved into Assisted Living - Now what
Got a voicemail today from an elderly tenant's son-in-law saying after several hospital visits, they have moved her into an assisted living facility and she won;t be returning to her apartment.She just renewed her lea...
Jesse Jones
What would you do?
Hi all,
Long time reader finally decided to make a profile and ask some questions!
I'll lay out a little about myself, my background and my current position so ya'll can get an understanding of who I am, my goals an...