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The Serenity Prayer of Reinhold Niebuhr, "God grant me the serenity to accept the things I cannot change; courage to change the things I can; and wisdom to know the difference.Living one day at a time; enjoying one mo...
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Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...
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Looking to get my feet wet by investing around $100k. Which markets would you recommend? NJ,PA,NYC & Florida seem most appropriate for me since I live in the east cost. That said I am willing to explore other opti...
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I put my first solid property under contract this week! I had a triplex under contract earlier this month but the seller/agent smelled my inexperience and tried to sell me a dud. Thank god for the option period! Th...
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We found a great, recently redone 4-plex in a location that our property manager says is ideal. The sale is as is and will be our first long-distance property that we will not see before placing an offer. We found out...
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Hi All,
Sorry if I am asking a stupid question but I am new to real estate investment, and I wasn't sure if purchasing insurance for my rental property is highly recommended? It seems like a waste of money. Thanks i...
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Hi,As the title says, I am wondering whether I should form a LLC company to protect my investment or use Umbrella Insurance. Here is my situation: we have W-2 work as our main income source and 1 primary home and 5 in...
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I am currently in the military and stationed in Newport News, VA. I am looking at purchasing either a small single family home (which I would finance through a conventional loan or through a contact I have who offers ...
I have an aging duplex purchased in 2012 with substantial gains and I'm considering cashing out to build a 4plex. Would this be considered a "like kind" exchange in the eyes of Almighty IRS b/c it's a new construction...
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Hi everyone, can someone please advice problems of being c class multi family rentals in hartford area in general and compared to rhodeisland .would appreciate.TIA