Hello everyone! My name is Michael Feeney from Rochester ny. I actually signed up to this site over a year ago because I was screwed over by a so called land lord/property manager Doug Hirt and I found out a bunch of ...
I've done some research (rich dad adviser books, google) and have decided to go with an LLC for my situation.Specific situation:Currently own 5 houses, looking to purchase a 20+ unit complex this year. The next 5 year...
Hi BP,So I came into possession of 2 medical offices, about 1150 sqft each. One has about 7 rooms + 1 br. The other use to be a cafeteria of some sort so it has a large room + 3 smaller room + 1br. This building is...
Do I need them??? Where we are, be get about 32" per year and it comes at different times of the year. We can go months with no rain at all. Are gutters just something people install because they don't know any bet...
I purchased an investment property in Philly that I want to rent in about a year. The basement is about 5 ft and I want to dig it down to 8 ft for a laundry and extra bathroom. Is digging a good idea? Does anyone have...
A few years ago I purchased a vacant residential lot in my personal name. I won’t post too many details, because I don’t want to obscure the true issue at hand. All I’ll say is that the property is worthless. Complete...
Hi - I am hoping to get some advice for family's situation. My dad and his brother are owners of a duplex. Each live in one of the units. When they bought the duplex my uncle was the only one on the mortgage as my dad...
Hi guys, a family member of mine is trying to refinance his property with a commercial lender. I am just wondering what would happen to his DTI ratio if the lender refinances his property and does not report the new l...
Hi All,
Excited to be starting out on my investing journey! I have been in the education phase for about the last 8 months and don't think I will be ready to purchase a property for about a year.
My question is on ...
I recently just purchased a duplex that has a garage in the back.
Both units are rented and the garage is rented to the neighbor. The first floors electric is tied into the garage, and I'm looking to put the utiliti...