Background: Tenant broke 1 year lease, which would have ended Dec 9th. She had some late fees accruing and didn't pay October 10th rent, and let me know Oct 12 by text that she was breaking the lease but wanted to sta...

In a couple of weeks, I plan to put a rehab the market. It includes a permitted addition made in the 70s, turning a 3/2/2 into a 4/3/2 (two master suites and a hall bath).I have a question: Currently, the master bedro...

Good afternoon-I am reading over a potential PM agreement and want to confirm that the PM charges are reasonable and customary.1) 75% of one month's rent for tenant screening/placement. (Seems reasonable)2) 8% monthly...

Hi! Im a firefighter and small time investor in Louisville, KY and came across a property in the Portland are I believe can be converted into a 3 unit property. It will need a full rehab but I have $20K in Funds avail...

I have a tenant who's been in the property for 2.5 years.  He pays on time, agree's to slight rent increases and even makes repairs himself when they are small (he's handy).  He's also a good communicator.  Recently h...

Hi all. I rented out a tiny commercial space to some ladies that wanted to open a retail clothing store. 10 days after move in they had a falling out and one of them moved her portion of the merchandise out of the sto...

A friend and I have an investor that is willing to back a large project and we are trying to decide what direction to go. The projects we are considering so far are purchasing lots ready to build, which would probably...

Hey Everyone! I'm a rookie working on my first deal, which is currently in Escrow at the moment. The inspection report came back stating a new roof is needed because of several gaps in roofing seals and doesn't look i...

They say that there is no such thing as bad publicity. I’ve been questioning the reality of that statement over the past few days. Last week, a plumber that we sub contract, who is also a friend (who regularly adds st...

Hello all. I'm wondering if my closing costs are to high even for NYC.

3 Family new construction 9br, 5b, finished bsmt.

Interest 4.5%, 30 year fixed


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