I have 1 rental, purchased in 2015 for $125k that my wife and I lived in for a year while we rehabbed it. Since then we purchased another primary residence, and we've been renting the original one for $1500/mo for the...

Hi im looking to make offer on first potential flip. This house is not on the market yet and I found it simply by writing letter to family. House is vacant and completely outdated, but structure, furnace, roof, window...

Hello All,
I am planning on buying a multifamily owner occupied property shortly in Jersey City NJ. 
I am trying to compile a full list of costs/allowances that I have to account for on the front end when doing my d...

Hi everyone, I was wondering if you guys and gals could please give me any feedback regarding this topic? A realtor and a mortgage company have told me that all of my closing costs can be covered at my closing. Basica...

Three years ago I bought a 6000 lbs SUV for $22K which I traded in this year for $12,500.  This is my wifes car, not my work truck so the business use is not 100%   I am very surprised in how this trade in adjusted th...

I'm looking for creative exit strategies for buying properties cash.This is what I understand. Please correct me if I'm wrong. When purchasing a turn key property cash at a discount I could cash out refi after seasoni...

This will be my first multifamily investment. I am looking to be a buy & hold investor. I am in negotiations with the owner of a 13 unit apartment 1 block from the beach. The purchase price is $750k.Gross Annual R...

My tenant's lease expires May 31st and when I asked them about renewing they informed me that the father had lost his job. They are asking to do month to month until he finds another job.

What would you do in...

My wife and I are getting ready to close on a 3 unit rental property in a suburb of Buffalo NY.  All three units are currently occupied, 2 of them are month to month and one is currently on a 1 year lease.  All three ...

My tenants (12 guys- a Sober Living home) told me rats were in the garage...where they keep 5 fridges. On inspection, I saw there was a lot of food dribbles and spills from the fridges and the outer door was left open...