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2 January 2025 | 1 reply
The benefits to the seller including dumping a money pit that no one can get financing on, dumping a property that has a nasty lien or judgment against it, selling for more than the property is worth, dumping a property that is contested in probate, things like that.
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12 January 2025 | 23 replies
. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.
4 January 2025 | 5 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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2 January 2025 | 3 replies
Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.
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30 December 2024 | 7 replies
If you are going to share lease edits brought on by local landlord tenant legislation updates make sure to include the location but I suspect edits influenced by tenant interaction will be most helpful to those who read these forums.
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30 December 2024 | 4 replies
My interests includes but is not limited to co-listing Airbnb, short term, medium term or long term rental properties just to include a few.
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6 January 2025 | 13 replies
Compare this to your total monthly costs, including mortgage, insurance, taxes, vacancy and maintenance.
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9 January 2025 | 9 replies
I'm an investor and a licensed mortgage broker who has done fix and flips both using my home's equity and borrowing against the investment property.If you (1) have enough equity in your home to fully fund the deals, (2) don't mind tying that equity up for these deals vs saving it for a rainy day and (3) are ok linking the place you sleep with the success of the flips, this could make sense.We offer a ton of different fix and flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
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31 December 2024 | 8 replies
I just wanted to quickly clarify what the $149/year cost for Lula includes.
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31 December 2024 | 14 replies
It included a Google Voice phone number, and the scammer answered calls pretending to be me, using my real name.