I have a person who sometimes work as my handyman for my rental property. He's been and reliable so far. He is now interested in occupying one of my apartments which has become available for rent. He's agreed to per...
If the value of a multi-family is based on NOI, and we know that rents in B - , C+ are gonna stay the same during recession, then why would the price of our property fall? What are the reasons behind it I don't see?
How do I find off market deals ? I would like to find a property for lower than market rates and buy at a lower price . I would like to try to do direct mail any tips and advice ? I'm thinking of buying a list of nods...
Hi All,
How does a tax assessment work when you close on a property? I called the union city, NJ tax assessor and he basically said that they assess any home that gets purchased. My realtor is saying that’s not the c...
I was looking at comps for a house I was checking out. The home is not located in a high income community. I saw one comp similar to that home that sold for over $1 million. Why would a buyer even it is a corporate bu...
I am currently house hacking a 4-unit and plan to continue to grow my real estate portfolio. My question is do I hire a bookkeeper right out of the gate or start with quickbooks on my own?
FYI I have never used eithe...
Hello everyone (thanks for taking the time to read),I have gotten my RE license in Washington D.C. and I'm researching ways to lead generate through cold calling. My question to you, the more experienced agents, is wh...
On Friday I’m set to close on 7 rental properties (3 vacant 4 rented) with the four tenants in month to month leases. So a couple of questions....Should I have the current tenants sign a month to month lease with me u...
I’m considering purchasing a fsbo property for my primary residence. The current structure is a tear down. The owner is an older man who purchased the property 50 years ago. It is now worth $1.4M. He’s had multiple ca...
Hi All,After a couple years of research, I'm finally comfortable that I've found my preferred niche' in commercial multi-family and I'm ready to make my first purchase. Big problem: no multi-family in my area and low ...