Edgar Perez
Buying a halfway house / sober living house
30 October 2024 | 28 replies
All of our rules are guidelines for the men to use, and they police themselves.
Chris Park
Tenant’s girlfriend (not on lease) bringing guests - problem?over
30 October 2024 | 15 replies
But then, you have to inspect regularly and become the couch police.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.
Jonathan Weinberger
Managing 1.1M portfolio. Doubling it with Section 8!!
30 October 2024 | 22 replies
From the City to the courts, the police, the litigation lawyers, the inspectors, the utility companies and worst of all the tenants.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
I have been researching this a lot lately because I feel this could not only shelter me greatly in 2022, but make or break my chance of being a full time real estate investor (which Ive been chasing for 20 years now, police dont make a lot :).
Kristi K.
Your trailer is on FIRE!
25 October 2024 | 8 replies
A few weeks ago I received a frantic call from a police officer in the town were we have an STR.
Shannon Brill
Using Ratio Utility Billing System for gas?
24 October 2024 | 6 replies
. --- and... these issues become issues for the other Tenant and then turns you into the constant 'utility police' because you constantly have to monitor # of occupants... eww. 50/50 is simple and simply understood and 100% while vacant is also simply understood.
Sean Hoglund
South Carolina property tax (non resident)
22 October 2024 | 4 replies
For primary residences, taxes paid equal 4% of the fair market value of the home times the local millage rate plus any other local district taxes assessed, such as for fire or police, but with a school district tax credit.
Jesse LeBlanc
FRAUDSTER ALERT... watch out for Justin Nguyen in Florida. BE CAREFUL LENDERS!!
25 October 2024 | 66 replies
After many years of being a police officer prior to my 10 years in RE, I am always watching out for this type of behavior and always looking out for others!
Dan N.
Just closed on 1st property - Here are some lessons I learned
15 October 2024 | 6 replies
See if there is a way to get a police report to see if there are any criminals, or sex offenders on that street.8.