Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
All well and good to dream big, but you need to understand the practicalities and probabilities of getting the deal to closing.
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
Quote from @Alecia Loveless: @Jonathan Bombaci I think a good lawyer that has passed the bar to practice in two states is going to be more expensive than $200,000.
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.
Samuel Kim
Real estate professional status 750 hours doable?
19 January 2025 | 19 replies
No, it's not a normal business practice and does not pass the smell test.From driving?
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
14 January 2025 | 5 replies
If it's a verbal tenancy, you have to show a practice of collecting rent that the tenant is no longer abiding by (or perhaps tenant shows up, and honestly states they were obligated to pay rent and haven't done so).When the eviction case is submitted, you give the tenants names, e-mail, phone, address.
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
There are some teeth to HICPA since it works in tandem with the Unfair Trade Practices and Consumer Protection Law ("UTPCPL").
Jaxin Pierce
Start Rent or Flip
2 January 2025 | 1 reply
I'm currently a college student, so I don't make a lot of money.
Kenny Bao
Advice on Off-Market Apartment Strategies
19 January 2025 | 7 replies
Maybe they don't need the money now but in 5 years they wan to send a grand child to college.