Hi Sasa, glad to have you as a part of this awesome community!

Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises... 

After 30+ years being a part-time real estate investor.

I'm currently interested in raising a fund to buy multifamily apartments.

Thanks,  Hey Jae,Glad to have you apart of the BP community.

Sounds like a successful apartment project.

I would include in your future offers that you want sellers to show proof of lead cert, if not have them pay for it as a part of the sale if it is not present. 

If it's related to the work he did, he won't charge us.In the same text, she showed a picture of her tub hardware, which has come apart from the ceiling support. 

The units look nice, the apartments are spacious and located in a nice town, close to the NYC train (50 mins from NYC).

we do a brief pre-application online before offering to physically show any apartments.