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7 January 2025 | 8 replies
Vitaliy, gave you solid advice and did a good job of explaining some of the key issues.
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3 February 2025 | 56 replies
As a matter of fact, crime very rarely comes up as an issue with tenants.2."
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7 January 2025 | 27 replies
Quote from @Michael Smythe: Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?
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8 January 2025 | 20 replies
The positive is you can get them out with 60 day notice so 60 day escrow would allow the unit to be delivered vacant (assuming zero issues terminating the rental)good luck
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8 January 2025 | 6 replies
I've been able to afford my payments so far without much issue.
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4 January 2025 | 11 replies
The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income.
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2 January 2025 | 25 replies
I have two properties where I ran into this issue.
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11 January 2025 | 11 replies
The issue is, like many others pointed out, that the numbers just don’t make sense.
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3 January 2025 | 2 replies
Quote from @Robyn Henderson: My family's 3 unit prewar building in Brooklyn recently had plumbing issues and I'm debating renovating each of the bathrooms.
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9 January 2025 | 18 replies
.: Quote from @Marcus Auerbach: A lot of buyers have a psychological issue with #3.