Sean Peters
What would you do: Make $400K on a flip, or $2500/month cash flow
I'm Wondering what people might do in this situation. I was able to find a multi-family property in a good market that has potential to be converted into condos, or held as a solid income property.If I decide to sell...
Clarence Smith
Should I separate the utilities in my triplex.
I am trying to find a strategy or method of determining if it is worth the money to separate utilities in a triplex which I recently purchased. Separating utilities would require me to have a some electrical rewiring...
Account Closed
do you check your CPA's tax filing documents?
I never looked at the files that my CPA was submitting for me. Now I started to look for the previous returns and I've noticed that the stock transactions were not reported and several other small things. This presuma...
Justin Kestler
Buy 2nd Multi-Family Vs. Renovate Current For Higher Rent
Hello! My Name is Justin K. and I currently reside in Lakewood Ohio (a suburb on the west-side of Cleveland). I bought my first duplex 2 years ago and I currently live on the top half with two friends from college and...
Mike Micai
Looking to become a first time landlord
So we found a property that we think might make a good rental property. It's in NJ, not the best area, but it could be worse. It's a duplex that is pretty nice. Sale price is 159,000. I'm wondering if we can get t...
Joshua Dorkin
Bailouts Now Totaling $10.8 Trillion
This morning I heard a report on CNN and was blown away by the numbers.
The total amount that we've borrowed since 2008 in all the bailout plans so far amounts to a RIDICULOUS $10.8 TRILLION!
Check this page out for...
Avee-Ashanti Shabazz
GENTRIFICATION vs REVITALIZATION
Revitalize: To bring life back. The act of redeveloping a area to initiate growth.Gentrification: To displace. The act of using the effects of real estate development as a tool (weapon) to uproot and force out the exi...
Preston Newman
Mold and harassment for landlord
Hello everyone. Any help with our issues would be greatly appreciated as this issue has greatly stressed me and my wife.
In March I got blood results back indicating higher than normal mold levels in my blood.
On...
Matt Kelty
How to set a rental price?
As a beginner, I’m looking at my first deal and not sure if it’s going to profit the way my wife and I are hoping. Our biggest question is how to set the monthly rent price?The cost of purchase is around 120k and the ...
Tim T.
Seeking advice - passing down rental properties to children
Seeking advice or anyone who has gone through with this.I have a sizable rental property portfolio (80 units) over three states than are all paid off.I live modestly and have very little expenses, and have reached a p...