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As I'm gearing up for lease renewals this spring, I'm looking at current market rents and calculating the increase in property taxes. 2020 rental rates, for a SFHs, are around 7% - 11% less than current rates. Not onl...
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I have been living in two-family (I own) in Weehawken for about 2 years. Never thought rent control would apply to me, but I am looking to buy a three-unit in town. Two of the unit is tenant occupied and one is vacant...
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I am currently looking at a property that has solar panels on the roof. When purchasing a house with solar panels do I own the panels. Do I have to find out who the previous home owner was leasing the panels off of? W...
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I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...
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Anyone with owner financing experience that could provide some guidance?
I have a deal that is a commercial duplex. The owner is willing to finance it with 20% down, $60K less than asking at 10% interest for 10 year...
My sister is selling her house to me; however, we want to do a mortgage transfer since she currently has a 2.5% interest rate, but the bank will only pay what is owed on the current mortgage. The equity she wants is $...
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What are the measures of success in an expensive market where the 1% rule doesn't apply?My main motivation for property investing is for income generation so that I can have the properties cove my expenses and not hav...
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Hello Grand Rapids investors. What is your feeling about buying single-family properties in Grand Rapids now? It seems pricey, but that doesn't mean it isn't worth investing.Last summer it was pricey too, but we waite...
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I am new to the market of Real Estate Investing. I have been wanting to get into it for many years but always thought it probably wasn't the right time. Well here I am going on 55 year old and been in the electrical w...
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This maybe a silly question but I feel you got to put yourself out there and not be afraid to ask questions and admit your limitations. I'm new to real estate(just started renting out my rental property last fall). I ...