Cassandra Devine
Evicting rent stabilised tenants to convert an SRO to a primary residence?
18 December 2024 | 4 replies
I found this fact sheet which seems to indicate it would be possible to evict the rent stabilised tenants so long as they haven't been living there for more than 15 years or are older than 62 or disabled: https://hcr.ny.gov/system/files/documents/2020/10/fact-sheet...
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
Most leases indicate the landlord can access the property with 24 hours notice.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
If this concept is unfamiliar, then continue to ignore it.In closing: The dangers of shifting the timing of your income, expenses, and business transactions.A purely mathematical exercise may indicate some beneficial timing for this or that.
Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
Alt lenders will normally be higher on fees, rate and perhaps leverage at time of close but that's not always indicative of cash required to operate.
Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Personally I'd invest in other affordable-but-growing markets in the Midwest, which are currently seeing greater price appreciation and job growth than Detroit, while still having decent cashflow potential.But the Detroit MSA had its first population increase in decades this year, indicating Detroit has "bottomed out," and will only continue to grow from here on out.
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
Jeff Shaver
Need Advice on how to best use my equity.
23 December 2024 | 15 replies
You do not indicate what your current interest rate is.
Trevor Davis
The city is claiming my 4 unit is really a 3 unit. What should I do?
19 December 2024 | 4 replies
If you can find a precedent, that could bolster your argument significantly.Lean on the Physical Details: Four mailboxes, four sewer lines-those are big indicators that the property has been treated as a four-unit for some time.
Pete Galyon
WHO ELSE has is seeing amazing returns in there areas??
16 December 2024 | 13 replies
A strong buyers market indicates sellers price cutting and listings being bought under value which would lead to equity losses.
Rob McArdle
1033 exchange qualification
13 December 2024 | 2 replies
This is often achieved with written documentation, such as a formal ROW request from TxDOT or other correspondence indicating that condemnation proceedings were possible if no settlement was reached.