Long story short, I have an opportunity to purchase 10-20 single family rentals. I currently have 4 units, a duplex and 2 single families that we have run for the last 8 years.My questions are along the lines of:1. ...
So at one time my duplex down was 2 apts, until there was a fire. Currently it is still a duplex down, and I want to make it into 2 units. The basement is 3bd , 1 bath. It has it's own furnace, water heater, and ac...
I've seen several different ways to calculate the value of a commercial building. I believe that it's more based on rents versus looking for comps (like on single family residences). My questions are1) Is there one me...
Ok BP friends My aunt was upside down on her home so she walked away from it. The bank reduce her mortgage but she doesn't want anything to do with the property. The property is sitting there empty. Me and my cousin w...
I have a tenant that is complaining that there is a 5 degree temperature difference from the bedroom and the living room. This is a one bedroom apartment in a 100 year old four plex. There is nothing mechanically wron...
I have a tenant who terminated their lease early in writing due to medical reasons. They have called me back a couple of times asking me if the property was still available because they might need to come back. It has...
Hello,I've been laid off, so I don't have any income coming in right now. So at this time, I am interested in both - creating income now and investing long-term. I was thinking about going into real estate investing, ...
Hello - I'm six months into my first investment property, a 4-plex in Midcoast Maine, and thought I'd share the numbers based on the experience so far. There's so much talk about how high prices have gone and how har...
I found a posting on CL listed for a month so far for a sale price of $12000 for the following:Investors property3 bdrm 1.5 bath city home with yardBasement and attic can be finished offTenants currently in. 750$ + ut...
A little background about me, I currently live in Freehold, NJ…In the past I use to own a company that we bought land that we developed and built new custom homes back in the hay day from 1999-2006. Since the downturn...