We recently purchased a 6 unit building and are in the process of rehabbing it. Because it’s a very old building (more than 100 years), turned out there is more work needed than our initial scope. Most notably, it loo...
My property manager charges me with 20% premium of any repair costs when they act as general contractor to sub contractors.
On top of that, I received a letter that they hired an inhouse handyman for unlicensed min...
I almost bought my first property a year and a half ago, but during the inspection things fell through. But now I think I have it. The numbers aren't too great, but here they are:Rent: $1,300Mortgage: $850 (approx 200...
Hi everyone,I plan to attend a sheriff sale, in the coming weeks in some of the NJ counties. I have heard many stories such it rigged, or it's high risk if you have not done proper research before hand. I want to see ...
I have a property in which the tenant had a "cooking accident" that sent flames up to the ceiling, and burnt a whole into the bedroom above. The work order from my property manager is for $6120.00, and my deductible ...
Regarding the investors with +100 units, are they basically doing it buy buying cheaper properties (<$100k) in "c" and "d" properties and then handing off to a property manager?
I've been buying in solid middle c...
Hey everyone. I am looking to start investing with a multi unit property, most likely a 4-plex. I always see on duplex listings, "Live in one side, have a renter pay your mortgage" or something catchy to that effect. ...
Hello! Newbie here. I've been creeping around on the site for over 10 months but haven't made the commitment to participate until now. So hi!I am a mother to 5 children six and under and we recently moved to Florida a...
Hello All, Happy holidays! I'm hoping you all can help provide some guidance/info on my situation. I'll try to make this as concise as possible. I'm looking to buy a property for myself (owner occupant) in the next fe...
I am sort of a newbie. I have done a few deals, mostly buy and hold residential, but I have been disconnected for the last several years. I have always been passionate about real estate, but I have spent the last ye...