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3 December 2019 | 23 replies
Both are VERY familiar with the machinations of the bad actors in the Real Estate field.It really is a problem that should NOT have every occurred and because it was certainly very prevalent, here in NYC especially, you will create leaders who will want to put a stop on these kinds of bad actors.It's very similar in the way that we should not abandon our Allies as you will create more enemies.In this case, the Rent-Controlled Renters are our Allies but they felt abandoned, at least, here in NYC.Again, these bad actors have also made it difficult for me to maximize my own profits on legitimate Market Rate Buildings as they illegally added market rate supply of buildings that should not have become Market rate.IF they did not get away with their bad behavior, I would have certainly have done even better than I have already done over the last 21 years I have been investing in NYC Real Estate.To me, these bad actors stole my profits and opportunities as a result of shifting the mindset of the renter class to be anti-Landlord while they reaped the illegal gains.Again, I am not saying ALL Landlords are bad.... but certainly "All Landlords are Good" is untrue.AND, as I pointed out, many of the bad landlords controlled a significant share of rent controlled apts to make a difference in our political atmosphere.We are in our potential Universal Rent Control situation for a reason that could have been prevented.
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24 November 2019 | 4 replies
@Lacey Hunter I think much of it has to do with there being a huge supply of product available right now and the market is responding to this.I also think that Seattle is no longer the desirable city it once was, and people are looking in other areas that don’t have the problems seattle has: homelessness / heroin, terrible traffic, terrible schools, anti-business government, etc
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4 December 2019 | 49 replies
Sellers need to get the most for their assets..... this is why i dislike wholesaling and pocket listings are also anti seller ....i am glad this was done and hope wholesaling becomes more clearly banned too.
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2 December 2019 | 23 replies
I know BP is very anti-car payment, which is completely understandable, but I did the best I could for my situation with the resources and knowledge that I had.
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18 December 2019 | 19 replies
Not sure why so many on here are so anti debt, but when you invest in rentals, as long as your monthly cash flow while considering maintenance and capex and property management, is a better return on investment than the interest you are paying on your student debt then you are fine.
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19 October 2019 | 4 replies
You cannot deny the family because of the lead paint either, that's considered discrimination (you're refusing them because they have a kid, even if you're just trying to protect that kid) and is against the anti-discrimination laws of the state.
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12 December 2020 | 8 replies
You cannot deny the family because of the lead paint either, that's considered discrimination (you're refusing them because they have a kid) and is against the anti-discrimination laws of the state.
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21 October 2019 | 27 replies
That's not fair to ask the tenant for anything there and I'd bet most if not all judges would agree, even the most pro business, anti tenant ones out there!
22 October 2019 | 8 replies
You cannot deny the family because of the lead paint either, that's considered discrimination (you're refusing them because they have a kid) and is against the anti-discrimination laws of the state.
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25 December 2020 | 18 replies
You cannot deny the family because of the lead paint either, that's considered discrimination (you're refusing them because they have a kid) and is against the anti-discrimination laws of the state.