I have a family member who owns two houses, free and clear - no mortgages and no HELOCs.
The cheaper house, "House A", is about three times the value of "House B". Both houses serve as on and off again rentals.
B...
Hello all!
When purchasing a leased property, must you always honor the existing lease? Are there any states that allow you to renegotiate or terminate the lease? I have looked at landlord/tenant law in multiple stat...
We bought a house in March using a loan through a local bank. The balance is about $145,000 on a 25 year loan, at 4.24% but that can adjust every 5 years. This wasn't a total BRRR deal, but we have fixed a little an...
I just purchased my new duplex property, does anyone have recommendation on which insurance providers offer good landlord insurance with high Liability with low premium?
Hello guys,I was looking at Duplex's that were for sale on sites like Zillow and Redfin. A lot of the properties were build in the 1900's so 100+ years old. Have any of you purchased properties of that age? what types...
Hi all,I am looking for some feedback on numbers I received on a 1970s duplex listed for sale (price $219,000), 2 BR, 1 Bth each unit. Total rental income for year: 26,700 includes heat (oil) and lights.Insurance $120...
I have a condo in Manhattan that I rent out. My R/E agent has been pushing me to sell the property b/c he says the market is hot, rates are low, and demand is high.They suggested an ask price of 2.7mm. I rent the pl...
I have land that I’m looking to develop MF. Density allows for approx 30 units. I’m trying to determine whether to build 15 duplexes or one or two bigger buildings. I’m curious Which would typically cost less? I think...
Looking into the future here, doing taxes now. Wondering if it’s worth claiming depreciation now
As someone already observed, it may be pointless to help tenants if they cant make their rent payment. The tenant who wanted to fix the tile in the bathrm (SO GLAD I didnt fall for that thanks for the advice) asked me...