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9 September 2024 | 10 replies
Many competing offers will come from buyers with cash offers or 30%+ down payments.Properties that are most appealing to multi-family homebuyers on Long Island are those:- With newer finishes/recent renovations- 3+ bedrooms in 1 or more of the units- located in desirable school districtsTo make the numbers work and to find a deal where you may have more room for negotiation, I'd target:- Properties with 30 days on market (DOM).
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7 September 2024 | 4 replies
This will be my first time buying a house and I would love to connect with some locals/Vegas investors and get some advice on the area.I got pre-approved today and have an agent through an investment firm that specializes in rentals/investment properties.
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9 September 2024 | 14 replies
Desirables: 8 min walk to trains to NYC and 2 parking spaces.I feel the property was not built well and future leaks are inevitable.
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10 September 2024 | 29 replies
I am a CPA with a small virtual bookkeeping firm specializing in real estate accounting for real estate investors.
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8 September 2024 | 13 replies
Some of them have the desire & extra cash to fly out to attend the inspection.
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7 September 2024 | 6 replies
Hey Sam, my firm can get that done for you.
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10 September 2024 | 43 replies
It seems like it should not be legal, in effect taking something without any LL compensation (freedom to use unit for whatever LL desires at the end of lease).Besides my primary issue that the law changes an existing contract, it also makes it harder to get rid of less than ideal tenants that raises risks and costs.
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6 September 2024 | 9 replies
"The provisions of this article shall not apply to any person, firm, partnership, association or corporation who, as a bona fide owner or lessor, shall perform any of the aforesaid acts with reference to property owned by him."
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7 September 2024 | 6 replies
They are the oldest solar company in America (Est 1986) and hold over 500 patents, including the most efficient panels on the market which are also used by NASA.We have an inhouse CPA firm that specializes in the solar tax code and works with your CPA to help you claim the 26% ITC and 87% depreciation because most CPAs do not specialize in solar.
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7 September 2024 | 3 replies
.- Investment Lock-Up: While there’s a chance your funds could be tied up for a bit, if the property is well-designed and in a desirable area, you might see appreciation that allows for refinancing sooner than you think.Buying an existing property:- Less Risk: Existing properties come with a track record, so you can analyze their performance and potential more easily.