The duplex I have under contract has a few minor things to repair. One of the things I'm most concerned with is the HVAC system. The exterior unit and the furnace was manufactured in 1987 (which is when the house w...
Hi Everyone!A bit about me - I recently purchased my first home in June, and am now currently house hacking that property. This, along with my sister's background in real estate with 9~ units, got me excited to start ...
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What do you think of this deal & why?
I think I did okay. Have a quote to f...
So I just found out that my tenant has 2 cats. He has been here for about 4 years.What should I do?I have in my agreement that there are are no pets and he would inform me if he has one.What should I charge him?Pet re...
I am a private seller and would like to price this house for a quick sale. It is a 4 family located near the Queens/Bklyn border. It is considered Glendale/Ridgewood. It is a short walk to the M train with easy access...
Hello Great people of BP!I have a question regarding depreciated improvements on a rental property. I do have a CPA. But I just wanted to get a second opinion on my situation.
My first question: This past year I move...
I've heard it can go a long way by being polite to them; addressing them as Mr or Mrs; & finding common interests...all salesmanship.
I also know someone who has better luck when his wife meets the inspectors.
W...
Does anyone have any experience buying and then gutting houses to resell them to investors? Does this sound like an incentive to any of yall, being that all the systems are gone, and time spent on the property will b...
Just got a call from my tenant saying the gas furnace isn't working. If I can't get a repairman out there today (it's Sunday) and they have to go a whole day without heat, what do you do? Tell them to suck it up ...
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...