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15 November 2024 | 2 replies
Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises...
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11 November 2024 | 7 replies
Third pack the board with your allies and vote it in.
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19 November 2024 | 3 replies
.- Cash-for-Keys is another example of this!
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17 November 2024 | 7 replies
Here are some key criteria for evaluating a Cost Segregation provider:- Seek out a Certified Cost Segregation Professional- Consider their experience with tangible property regulations.
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18 November 2024 | 14 replies
My suggestion would be to look at turn-key rental property options in a developing area with low entry costs.
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15 November 2024 | 7 replies
My concern is that I disagree with the methodology, and could use advice / specific use cases to build a convincing argument for the review board that you can't redefine use until it has been done.It's a single lot.
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14 November 2024 | 12 replies
Meghan,Welcome a board to the BP forum!
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18 November 2024 | 24 replies
Ohio, across the board, is affordable, has good rental scale per price, and favors landlords.
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15 November 2024 | 2 replies
The key will be the tenant screening.