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10 September 2024 | 2 replies
I’m still figuring out where opportunities are / will be and consume a wide variety of materials.
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12 September 2024 | 27 replies
Just like this nonsense and self promoted stuff:“Matthew Seyoum, Investment Strategist at RTR has provided exceptional support throughout my journey from searching for a rental property to closing the deal.
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12 September 2024 | 15 replies
Lastly, surround yourself with experienced investors who can offer advice and support along the way.
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10 September 2024 | 10 replies
Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!
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11 September 2024 | 22 replies
As mentioned this means the property can support itself and wont put me in a situation where I can cover debt, operating expenses or capital expenses.Annualized Return if Sold at the Five-Year Mark:This metric offers a comprehensive view of investment performance, blending both cash flow and equity.
12 September 2024 | 12 replies
Keeping receipts and a log of these expenses will help support your deductions during tax time.
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12 September 2024 | 21 replies
I also don't want to have to evict her if I can avoid it because that is very expensive and time-consuming, but I want to start her out with good payment habits!
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10 September 2024 | 2 replies
I had inspector in examining a new bathroom which had new electrical in support of the bathroom.
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10 September 2024 | 7 replies
If Planning does determine the existence of your ground floor unit, it will require you to legalize the unit through the existing Planning code process assuming zoning supports the third unit OR using the new ADU program making your fast track condo conversion a passing dream.With regards, to some of your latter comments and questions:1) Any un-permitted work (including corrections) is not a good idea as a quick compliant from a neighbor can bring an inspector knocking on your door with a NOV especially in the current environment where everyone is SIP.2) Legalizing existing constructed spaces can be hit and miss based on the inspector you get.
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16 September 2024 | 43 replies
I agree, people need to realize this is just a form of leverage and going at it 100% is ok as long as you have the income to support it.