County’s are sometimes backed up by almost a year and it will not reflect at the city.

Hi, I just filed my first eviction in Union City NJ for a tenant who stopped paying rent.

Apparently now those investments are less interesting to city hall. 

All hope is not lost for a Lincoln City STR that can be licensed immediately though.

Do you or most landlords comply with the city ordinance to get their properties inspected & registered by the city?

I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).

Dennis' dad and I actually tripped over something similar back in Chandler.. we learned to tap into city planning websites and even call the permit offices directly to get a real sense of their backlogs.

Let's say the city cites them for violations and they rack up penalties and fines. 

I created a guide to the Kansas City Area that will hopefully be helpful for others looking to invest in Kansas City! 

Hi Charles,This is probably the fastest way to the poor house, mainly because, in Japan, houses are like cars as in their market value depreciates and goes to 0 over time.