In The Tampa Bay Area local investor in the items inside the home/business but looking to get with the right people to build a team.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

House was purchased August 2024 6k sq ft 9 bedroom distressed home for 66k ARV around 330k in the middle of renovations all of the sudden the bank accounts are frozen and we now have no funds to finish renovation.

I need long-term renters as a back up.I saw a basement apartment for rent in LauriaVille in a gorgeous remodeled home that’s been listed for $1050  It’s been sitting there a couple months and that concerns me because that’s not a lot of money for quite a bit of space in a great house.It’s been sitting there a couple months and that concerns me because that’s not a lot of money.

In addition, if this was originally an owner occupied house, there are often homestead exemptions where the first  $XX,XXX. of the value of the home aren't taxed.  

More than 50% of German residents rent their homes, a trend that has been consistent for decades.

Home Equity: What Is It?

Some investors received a note this week saying he filed for Chapter 7 bankruptcy.He also has a new eviction on his record after refusing to leave a property he was renting.Even after multiple formal complaints to the RE board about his fraudulent activity, he somehow still has his license and active home listings.Posting this update so hopefully anyone looking to work with him, now or in the future, can see the type of person he is.

I love the DIY approach—it adds so much character to a home.

We acquired 3 single family homes in 2023 and we are midway through a 6-unit deal for 2024 and looking to get more.