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17 August 2022 | 11 replies
With rents being so elevated, I actually see many properties in bed stuy, bushwick, and other fringe areas where the numbers work really well.Best of luck!
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31 October 2022 | 12 replies
More recently in the increasing interest rate market coupled with going with a commercial investor loan my latest rate is 7+%.At first, I felt I was so lucky to be buying with low interest rates and was discouraged at the elevated rates currently like many others.
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25 August 2022 | 19 replies
But yes, there was a time when was down in elevator shafts retrieving dropped keys and wallets, driving out in the middle of the night to meet a plumber or an electrician or someone else because someone failed to return keys in the lockbox, and a plethora of other things!
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16 December 2021 | 2 replies
However, a landlord is not required to disclose on the addendum that the landlord is aware that a dwelling is located in a 100-year floodplain if the elevation of the dwelling is raised above the 100-year floodplain flood levels in accordance with federal regulations.Do I have to provide the addendum when extending a lease or when a lease automatically renews to a month-to-month?
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13 December 2021 | 0 replies
I did that by leasing out the rooftops of these properties to 5G cellular companies where they install 5G transmitters.5G technology is different from previous generations of technology in that it utilizes a large number of transmission points at a lower elevation compared to the previous tall towers.
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15 December 2021 | 2 replies
Love some Taco Cabana 😁 I’ve spent the last 22 years in the elevator business, will be running my own elevator inspection and consultant firm, while building a real estate empire on the side.
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17 December 2021 | 1 reply
Massachusetts SFH stats for November: More of the same insanity...houses selling like normal but not nearly enough new listings - keeping prices elevated and days on market compressed.Median Price: $525k +9.38% from 11/2021 (Yoy), +29.63% from 11/2019; Closed Sales: 5,065 -4.83% Yoy, 4,504 for 11/2019;YTD Closed Sales: 51,142 +2.08% Yoy, 50,898 for 11/2019; No problem selling houses, within normal range for November since 2015;Inventory: 3,848, -28.94% Yoy, 11,142 for 11/2019; the stack chart tells the story - lower and lower;New Listings: 3,854 -8.76% Yoy, 3,680 for 11/2019; Lowest November reading since 2015;YTD New Listings: 61,061 -4.68% Yoy, 70,384 for 11/2019; Lowest November reading since 2015;Months Supply: 0.8 -27.27% Yoy, 2.3 for 11/2019; obscene!
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17 December 2021 | 3 replies
Hi all - I’m hoping to close on my first investment property (!!!) and considering buying a house at the Jersey shore in the Seaside, NJ area. The house is below the BFE determined by FEMA, but have confirmed with the...
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21 December 2021 | 5 replies
The term Base flood elevation and the type of flood zones you should get familiar with before buying.
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24 December 2021 | 0 replies
I'm looking at a building for redevelopment into affordable/workforce housing. at the 30,000 ft view, the building seems to be an appropriate pick with elevator, exit stairwells, ample parking, location, and straightforward rough layout to put 24 cookie cutter apartments in it.