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19 February 2025 | 10 replies
What about if you set up a maintenance company that maintains all of the properties, then you have a real estate attorney prepare all of the lease agreements.
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18 February 2025 | 4 replies
That allows the timing of the renting much easier as you can move into the new house, then rent the other, then refi the bridge loan into a perm loan.
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19 February 2025 | 5 replies
All the best to you during your last semester.Househacking is one of the most common routes for new investors in NY.For best returns, I'd recommend focusing on South and Southeast Queens, Central and Southeast Brooklyn, and the Bronx.There are parts of the suburbs (Westchester and Long Island) that have househack opportunities but the property taxes are higher and the commute time to NYC is longer.Abel
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24 February 2025 | 26 replies
I'm priced up by another 1000$ considering the size of the home.
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27 February 2025 | 6 replies
Staging the backyard with a pristinely clean pool (no photos of the power lines!)
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1 February 2025 | 9 replies
Simply put, we start off with the As Repaired/Completed Value (ARV), then subtract from that number a reasonable profit, the rehab cost (scope of work), which we've gotten good at, a contingency reserve for any "unexpecteds", our cost of capital/carrying costs (interest and costs of the leverage used), and our costs/fees on the buy and sell sides of a flip.
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27 February 2025 | 10 replies
You just need the right plan and the right people in your corner.A little background on me—I’m a real estate broker, investor, and developer out of Rochester, NY.
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20 February 2025 | 7 replies
I'm not a fan of the issues or typically the fixes.
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29 January 2025 | 8 replies
I Income: The amount of property you can buy will be dependent on your Debt to Income ratio.
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18 February 2025 | 8 replies
In a nice suburban neighborhood a large bathroom with a standalone tub can add a lot of value, but the addition of a second bathroom is also important.Do you have an option of making a slightly smaller master bathroom and having a half bath or smaller bathroom with shower stall in the other bedroom?