
17 June 2019 | 7 replies
IE you won't get what you don';t ask for, and they won't perform to your expectations if you don't state what you want then screen for an applicant meeting everything you're looking for; income, job duration, CLEAN and QUIET, long rental stay,,, FICO maybe...Just get folks TO the showing with good pictures, a good rehab to start with, and a clean house and yard.
23 September 2019 | 13 replies
Prohibits an RGB from setting longevity rentincreases.Part D: Repeals High Rent Deregulation, which allows units to be removedfrom rent regulation upon vacancy after the rent achieves a high rentthreshold; and Repeals High Income Deregulation provisions, which allowsunits to be removed from rent regulation if a tenant's income is$200,000 or more for two consecutive years.Part E: Sets the Preferential Rent as the base rent for the duration ofa tenancy, but preserves regulatory agreements that allow for legal rentincreases.Part F: Allows HCR or a court of competent jurisdiction to look back at6 years of rent history when determining rent overcharges, or a longerlook back period if it is reasonably necessary to make a determination.Eliminates the ability of an owner to escape punitive damages where theovercharges were willful.Part G: Enacts the "Statewide Tenant Protection Act of 2019" to allowany city, town or village to opt-in to ETPA and provides the appointmentof the members of the new RGBs to be done by the opting-in munici-palities.Part H: Amends the maximum collectable rent increase formula thatapplies to Rent Control units to set annual increase at either an aver-age of the last five years of RGB increases, or 7.5%, whichever is less;and prohibits Fuel Pass-Along charges for rent-controlled tenants.Part I: Reforms the personal use exclusion to limit the number of unitsan owner can take out of rent regulation, and requires the use to be animmediate and compelling necessity for use as a primary residence.Part J: Ensures that units rented by nonprofits to provide housing tohomeless or previously homeless people revert to rent regulation at theend of the use by the nonprofit, and that the previously homeless personor persons are treated as tenants for purposes of the law.Part K: Major Capital Improvement (MCI) & Individual Apartment Improve-ment (IAI) Reforms*Limits approvals to work for essential building functions and otherimprovements (e.g, heat, plumbing, windows, roofing); exclude mainte-nance.

29 June 2019 | 33 replies
If you add up cash flow, debt pay down, and appreciation over the duration of you holding the asset, chances are very low that the net appreciation is going to be negative.

20 June 2019 | 0 replies
Purchase price: $89,000 Cash invested: $50,000 Sale price: $249,000 Condo resort - short term rental income for duration of hold period, sold to reinvest in other property.

11 November 2019 | 5 replies
Of course I can disclose that the property would only be available for 8 months but this will limit my options heavily and it’ll be harder to find good tenants for that duration since typically good tenants like to stay long term.
9 August 2019 | 3 replies
Outside of increasing my duration risk (ARM's and IO type loans) are there any ways to lower my financing costs?

11 August 2019 | 1 reply
Another investor wants to be more "involved", i was considering offering them a lower interest ~5%, longer duration & a split in any profit from rent & profit gained by selling. 1) What loan duration's are typical for a private lender?

12 August 2019 | 3 replies
Developers working on mega jobs may hire a full-time manager to supervise the job site during the entire duration of the project.

11 August 2019 | 12 replies
The 5000 men won't be here at the same time, but that is how many men will be coming through for the duration of the operation.Scenario: There is going to be a group of 3, 4 or 5 attractive unattached ladies that want to rent an STR from me for the duration of the operation.

12 August 2019 | 5 replies
Consider these:Previous job durations: Are they habitual 1-year job movers or do they typically stay for 5-8 years?