I'm going over my options to cash out on two properties. I spoke with a few local lenders today and was a bit surprised at the cost to refinance. I would love other people's opinion on the current going rates. The len...
Hello,After a long search and crazy market in the Greater Boston area, we are going to be first-time home buyers and landlords. We will be house-hacking a 2-unit multifamily property.As much as overwhelming it is, we ...
Looking for advice and feedback on a business idea for short-term rental operators and guests.To help differentiate your property, having a wide range of amenities is obviously important, but sometimes it's hard to ju...
I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...
Through managing many properties, I continually see my tenants turn to renting or lease to own appliances. Not that there is anything wrong with it, but the tenants are basically getting ripped off and end up payin...
Hi All,This is our only rental property. We have a tenant whose lease ends August 31st. It is an annual lease and requires 60 days notice by the tenant if they aren't going to renew. I reached out to them on July 3...
I think this is the 1st time an insurance inspector has visited my multifamily in the 23 years I've owned it. I live here and use the basement as storage and workshop, and that my biggest concern. I figure I need to h...
Specifically, I'm looking at a setup very much like what is described in This IRS Publication In fact, this wording in the IRS publication is effectively (similar, but a little different)what we are planning to do: "...
I am looking to refinance a duplex that I purchased in July using an FHA loan, and am trying to get an approximate idea of whether or not there is enough equity to refinance into a conventional mortgage. We paid $163k...
Not too long ago I purchased my 1st rental property with existing tenants that both been there roughly about 10 years each they have a lot of personal belongings in the commons area and in storage any suggestions