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I got lucky with a SFH and got it much cheaper than appraised value in Aug 2020 for $1.8M. Our plan is to demolish the house, build a new there, live in it for 2 years and then sell it and get the $500k tax exemption....
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Is it necessary to meet (whether in-person or virtually) to review the lease with the future tenant, and then sign during that time, or should I simply send them the virtual lease to sign? The units I manage are prim...
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I have a tenant whom I've given 30 days notice to vacate (May 15) because we are going to sell the property (he is on a month to month lease). I also offered him 45 days (end of May) if he needed it and if he'll pay...
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I've had a property for a little over a year. By the time of its closing its gains will qualify as Long Term Capital Gains, and I expect them to be around $90,000. As I'm a fairly new investor will the capital gains t...
Hello,This is my first post here! I am looking for a multifamily house (in SE RI). My boyfriend and I would like to invest in this together. Ideally we would both put up the down payment, and he would house hack fo...
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When a tenant moves out of your rental house, what all needs to be done before re-renting your home? Do I need to fix anything or clean anything in particular before listing my home for rent again...
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So I bought two condos last month. Mostly out of necessity due to some family housing needs. No, my wife isn't leaving me, although I still don't understand why :)
Anyway, it reminded me that there are some real adv...
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I am under contract on a fourplex. I want to do a full rehab on the entire property. Two units are 2/1 and two units are 1/1. I wanted to know the entire process, what I should expect and have prepared. I also wanted ...
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Hi all. This seems like the closest forum for this topic, but if I'm in the wrong one, apologies. Does anyone have experience with HUD foreclosures or other approaches to acquiring REO projects? I'm a newbie and wa...
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Hello,
Currently in position to lock in an all-cash offer on a condo- today! Plan is to pay cash using savings and etrade LOC and then refinance/cash out when mortgage rates are lower. Until then, will pay down the L...