Hi folks, Here's a slightly condensed version of my profile:I've been a property manager for over a decade and am now starting my own business that will focus on corporate housing rentals. I live in the prime location...
I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down Sold for $2...
I'm due to replace my triplex roof, and I received quotes around $9k for shingles, but it was only $10-$12k for metal; so I'm leaning towards metal for longevity unless you guys tell me otherwise. That said, of the th...
I’m making an offer on my first long distance BRRRR deal. I had a verbal walkthrough of the house from a licensed inspector yesterday and have to make an offer today. There were limitations as the house had multiple i...
Hello, I need big time advice! Anyone have experience building shipping container homes? We want to be the first in our area and we want to build rental properties. Any advice on financing and constructing? Thank you!
I'm looking for advice on how to proceed....I'm from FL and recently went under contract on a property in NC. I just had the home inspection done as part of the due diligence period (which ends July 13). There were nu...
Hello! I recently purchased a duplex in Reading PA. The top unit is electric baseboards, but the bottom unit is oil - hot water heat. I do not want to put the high costs of oil on the tenant and would like to convert ...
I will answer the above question myself: I haven't look hard enough and didn't make enough connection! I need to tell myself it is not because of the Market. It was all because of the lazy me!With all the layoff in Oi...
so I'll do my best to condense the situation down.
Last September I got soft hearted and agreed to a renter who had been down on his luck (ya I know don't think with the heart) and that the rent was going to be pai...
Hoping someone can identify this issue for me. I extensively rehabbed a property beginning of last year and my tenants moved in mid-March. The bathroom was completely redone and a new exhaust fan was installed, but ei...