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We relocated to NJ last year and do not own a home, thus are unfamiliar with agent commissions here. What is the average buyer’s agent percentage in affluent Bergen county? I know "it’s all negotiable” but no need to ...
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I have a utility bill question. My tenants are required to pay their electric bills. However, my HVAC unit needed a part so the tenants ran on emergency heat for 12 days. This has the unit run off the main power sourc...
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Should I remove the plaster that is attached to the inside of an exterior brick wall, or keep it and just build a 2x4 frame and insulate, drywall, move outlets. This is a 4unit low income property that I am upgrading...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...
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I am looking out to rent out half a duplex. I am living in the other half. Currently located in Indiatlantic FL. Given the age of the home and proximity to the water, the landlord’s insurance we qualify for is not tha...
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BP Community,After spending several months listening, learning and analyzing I am asking for a couple of minutes of your time to give me your opinion on the following deal (which would be my first one). Is it a homeru...
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Wanted to see what other landlords thought about this situation.
We are buying a distressed 3 family that has 3 apartments: 1 bedroom in the basement, and 2- 2 bedroom units.
The basement apartment has ...
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Thanks to the help of @Michael Noto myself and my partner are closing on our first property in New Britain, CT tomorrow afternoon. This is in a good neighborhood, directly across from a school- a three family unit. ...
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Someone please help me, as I am worried if my furnace will cost me lot to fix. I always have to go from the same route so I always see my rental house and every time I pass, I see the door left open. I am not sure wha...