Hi, We have a nice 3BR/1 Bath house that we just rehabbed. Everything is new. Roof, HVAC, kitchen, baths, flooring... It also comes with a decent sized yard. It takes me 45 minutes+ to push mow. I have been mowi...
What is Considered Being "Over-Leveraged" in Real Estate Terms?With all of the different financing options out there, I was curious as to what would be consider being over-leveraged for a Flip-to-Hold strategy? I know...
I bought a piece of property. The prior owner wanted to rent then never paid. I took him to court and got a possession judgment and money judgment. I have tried to work with this man as he supposidly filed for soci...
I have 3 homes I bought in 2011. They are worth 200k, 300k, and 260k respectively. I get $900, $1000, and $900 in rents after all is said and done.I am set to retire in a year and looking to 1031 exchange these homes....
Hello Friends,I have a property in 92127 area (Del Sur) where i currently leave and its has Mello Roos (MR)and high HOA even though its a new construction. I was wondering to rent my current one out and buy another on...
The numbers:3 BR/1.5 BA SFH in good neighborhood with an in-ground poolSale price: $80KEstimates renovation costs: $35KARV: $175K to $185KEssentially the owner is an older gentlemen who was working on getting the prop...
I attended an NYC Landlord presentation a few weeks ago. Below are some of the changes to NYC laws. Please add to this post or correct any errors I may have written.
The Housing Stability and Tenant Protection Act o...
Hey Folks - quick question for you.
We recently purchased a duplex, already with tenants.
The leases are up soon. My question is about how to handle the renewals:
1) Create a new lease.
2) Create an addendum to the ...
I'm entering into a partnership with a wholesaler for flipping houses. Our target is turn-key properties needing very minimal, if any, work. For example, he has located a property that negotiating with the owner he ca...
I have a 2 family house, the first floor unit along with the garage and basement lights, are all on one meter. Previously the first floor apartment was rented to college students so I would pay for all utilities... We...