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I'm looking at a older 2 story duplex with a unit on each level. Property is priced right and there is a positive cash flow with an estimated $300/mo utility cost. My concern is there are window AC units which could...
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Been at real estate for seven months and just stumbled upon the subject of "scrapers". What are they? Are they useful?
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While looking at some potential flips in the Worcester, MA area, I've noticed a few REO properties that, according to records, the bank took up to, and in some cases more than, 2 years to finally list on the market. I...
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The AC went out and needs to be replaced in my Florida condo within the first month tenants are renting it, complete with 3 visits from HVAC before the new unit is even installed.
Would it be expected or normal to o...
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I’m in the process of purchasing a multifamily using a 203K loan. I’m reaching out to several contractors trying to get some estimates in place to bring to my lender. I had one contractor reach out to me and say the c...
If i do a subject 2 and seller financing, do i give the title to the buyer and lose my advantage in depreciation, tax advantages and appreciation/equity? Then does it go the same with lease option?
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Just bought a 4-plex a month ago. I gave tenants a brief survey and all indicated they use coin-op laundry. However so far in my visits to property I have only received $1.00 in change from the machines. The former ow...
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Looking for some help/guidance. We are purchasing a property in Columbus, Ohio that is already submetered and managed by Guardian but they will not continue services as we are "too small". We have looked at a few subm...
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I have a quick question about capitalizing the rehab costs for a new rental.
-- The property is probably not currently habitable and is likely not ready to put into service (bathroom not functional, among other issue...
Hello all. Thank you for taking the time to read this. I own a two unit property in Glen Burnie, MD. We closed on it last fall. It was a 2/2 and a 1/1. I turned a den in the 1/1 into a bedroom so it’s now a 2/1. I am ...