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29 October 2024 | 11 replies
Do value add primary residence and keep selling.
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27 October 2024 | 3 replies
I’m particularly interested in wholesaling and partnering with experienced investors to gain knowledge and contribute to successful projects.As someone who owns a rental property in Oklahoma and currently resides in the DC area, I strongly desire to expand my investment portfolio, especially in Florida.
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28 October 2024 | 40 replies
A smarter approach would involve thorough market research, realistic projections on occupancy ratesThat, and not taking the furnishing/decor and management aspects of it seriously.
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27 October 2024 | 3 replies
Investment Info:Single-family residence buy & hold investment.
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30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.
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26 October 2024 | 5 replies
We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary.
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21 October 2024 | 14 replies
You need to decorate it, load it up with arcade games, put in a sleeper sofa across from a big screen with an Xbox or PS5 attached.
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29 October 2024 | 15 replies
The disabled veteran must be a Texas resident and must choose one property to receive the exemption.
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28 October 2024 | 7 replies
Hi Dan, fellow Boca resident here.
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28 October 2024 | 23 replies
I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.