
16 December 2024 | 1 reply
Tenants in arrears due to “loss of income related to COVID-19” have a six-month grace period—without late fees!

21 December 2024 | 14 replies
On the advice of the fireplace guy who did our last cleaning/inspection, we sanded down the brick inside and painted it with the high heat black paint, and it states in the lease that they may use a fireplace-style candelabra if they'd like, but any other use will trigger all the rules in the Fireplace Addendum.

13 December 2024 | 4 replies
If you can't get flexible terms to get the deal to work, then you lose your shirt on losses.

15 December 2024 | 5 replies
Demand for February/March move-ins should see a notable uptick sometime in January, but you'll for sure see your strongest rental demand in late spring/summer.Your most recent post mentioned that you were going to look for someone for a 6-month lease - I think this is a great way to approach it to minimize vacancy loss while biding your time until we get into the higher demand summer months.Getting creative with your lease term and credits/concessions could also be a good way to solve a few potential problems in one shot.

21 December 2024 | 10 replies
If you receive a loan application that reads: How many flips have you completed in the last xyz years?

23 December 2024 | 10 replies
Otherwise, you can never attain financial freedom because rents will not outpace inflation.How long your rental income lasts depends on job growth in the investment city.Non-government jobs are inherently temporary.

17 December 2024 | 22 replies
See the attached breakdown of losses for more details.
13 December 2024 | 4 replies
The average sale price for Condos in the NYC Metro area is $649,000 in the last 6 months.

22 December 2024 | 8 replies
I have done agent outreach, just last month got a 25 unit under contract for 6% down.4.

21 December 2024 | 12 replies
When we setup and furnished our STR last year, the internet/tv service provider would only install internet.