I am looking into a property that I found in Columbus. I am trying to determine what the approximate average expense per unit per year for a class C type property would be and compare it to what the seller is telling ...
Im new to real estate investing. Im interested in buying a property in Middletown NY, however my real estate agent told me the town is forcing landlords to convert triplexes into duplexes when they can't fill the vaca...
hi all,
i am new to this site and also to rei. i have been immersing myself in information and educational materials about different aspects and types of rei, and came across yet another "product" that may be worthwh...
Good evening to everyone! I'll keep this post short and sweet: We are currently buying two properties under 50K each, but total purchase price for both properties would be 80K. Unfortunately, we have seen that many le...
Last year I converted my primary residence into a rental property. We purchased the home for $295k in 2006 and it lost value over the next few years, now at around $250k. Per the IRS, I need to use the $250k for de...
Question for all the seasoned NYC / Brooklyn / Queens multi-family buy and hold investors out there. When analyzing multi family properties in our high-cost area, what rule of thumb or percentages do you use for esti...
Tenant always pays on time, but when the lease ends I want him out ASAP. But, what can you do to get rid of the tenant if he claims retalaition? Under the presumption of retalaition, the courts will presume that the l...
A tenant's vehicle leaked oil on the asphalt driveway of a rental property. The tenant attempted to clean the oil stain using a commercial cleaner, but was not successful. I also tried removing the oil stain by scrubb...
Does anyone have a positive history of leasing to a prospective prospect that doesn't have a social security number? If so, what are safe guards to put in place?
Hey guys! I am six months into my first property - an owner-occupied Duplex that I am 'house hacking'. I am already looking six months down the road on accumulating my second property, and I think I might like to refi...