I gave my $300,000 move-in ready beautiful vacant home to this large well known local co in Oct 2016.( Ive owned and self-managed another very similar rental in the same subdivision-- since 1998--and it has never had one day of vacancy in 16 years-- rented at $1860.This professional pm co put all utilities in their name on my new property and turned the hot water heater ON and the Water ON ( even tho the main water cutoff valve is easily accessible in the coat closet beside the garage.They let the property sit VACANT OCT-NOVand on their "routine inspection on Dec 1, to make sure hobos had not moved in" they SAW the water heater in the garage was spewing (at full blast) A 20' stream/ fountain of HOT WATERand that the entire finished closed garage was covered COVERED !!

He's almost finished gutting it and is planning on porting in the insulation, new water heaters and rewiring the electric and putting in new plumbing.

I did the same and just finished the course through NY real estate institute.  

trying to wrap my head around a choice I have with a rental propertyI recently finish turning a house into legal duplex.new value is $430,000-450,000remaining mortgage is $173,000my mortgage is up for renewal On July bank is offering me 2.24 rate two year fix.cash flow with this new rate will give me about $1000 per month give/takeHowever, I am considering using the equity to invest in a new property.I can refinance with B lender at 4 % rate with $1000 lender fee and get $150,000  (cant refinance with bank)would likely allow me purchasing another property, turn it to legal duplex and get around 500$ cash flow per month.what is the best way to analyze the numbers and  compare those two  options? 

Install drywall, flooring, tile, HVAC system, R&R windows, R&R entry door, new bathroom, new kitchen, run electrical, insulate, paint, finish work.  

If you aren't an agent you can use zillow and other websites to search SOLD listings in your neighborhood with as close to room count and finishes to yours as possible.

You should expect a lawsuit if you violate the CCRs.If I owned the other property and you did it, I would wait until you were basically finished with any construction and then file suit to block you from opening.

Hi, I just bought a home in Bayonne,NJ, I moved here in Dec 2016.But it has very high taxes like $16000 in 2016, it has unfinished basement.I have noticed that this tax is almost $4000 higher than similar houses with even finished basement.So, I want to try tax assessment.I will appreciate if somebody could please advise me some attorney/Lawyer for the same.I think attorney can be anywhere with in state like Hoboken, Bayonne, Union, Jersey city, Newark , Elizabeth, Clifton, Edison etc...as long as she/he has good knowledge of New jersey laws.Thanks in advance.

Hello all,I'm currently finishing a year lease at my apartment and I have been inspired by BP to find myself a 2-4 unit small multifamily to househack. 

I am getting the feeling that I definitely want to pursue an LLC , but after I finish my diligence on proper insurance thanks BP members!!