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27 April 2024 | 4 replies
This area is pretty hot right now in my opinion given it is transitioning, but all of it is rent-controlled for older buildings.
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30 April 2024 | 10 replies
Are you folks talking about a Ground Lease which gives you long term use and control of the land,etc. but it’s never yours unless you contract to buy it.
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30 April 2024 | 14 replies
For most, my stance is good luck finding it better elsewhere as life is relative.Just focus on what you can control and most of it is then irrelevant.
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29 April 2024 | 10 replies
As for the rodents, call a company and have them come out and deal with it...take photos before and after so if the tenant does something (ie puts out more rice), you can show that the tenant is deliberately doing things to attract rodents. ya we planning to call the health inspec saying the fridge is their to use but if they make it dirty and smelly we cant control that and its their responsibility.
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30 April 2024 | 6 replies
I have had a couple of lenders tell me that I can't tell them that I am going to live in the property but they can't control what I do after the loan closes *wink*.
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2 May 2024 | 45 replies
Be aware though that fractional deals can be a logistics and control problem if the loan defaults and there is a need to foreclose.Having money idle is an issue with hard money lending.
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30 April 2024 | 140 replies
Dave Ramsey has become famous for helping people with impulse control issues, might not like hearing it but it's the truth and fact.
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29 April 2024 | 23 replies
As mentioned, ensure that client is working with a lender that will refund any remaining 2/1 buydown funds in the event that they refinance before the 2nd year is up, since my crystal ball says that's (beep boop boop) about 87.2% certain to happen (Barry Habib, two three time crystal ball award winner [literally, and among other accolades], agrees btw, though his crystal ball unlike mine does not have the scienterific precision to pin it at 87.2% exactly).
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29 April 2024 | 4 replies
For more information, contact the Philadelphia Commission on Human Relations or the Fair Housing Commission.Bed bug control responsibilitiesLandlords must develop and follow a bed bug control plan to prevent and control bed bug infestations.You must give tenants:An informational notice from the City of Philadelphia about bed bugs and landlord/tenant responsibilities.A written description of bed bug infestation and remediation in the rental unit within the preceding 120 days and of any ongoing remediation.Within ten business days of receiving a written complaint about bed bugs in a rental unit, you must hire professional pest control services to investigate the complaint and begin remediation if an infestation is found.Remediation services must continue until there is no longer evidence of bed bugs in the unit.
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30 April 2024 | 8 replies
You can't value add stocks and you can't personally impact the value of stocks, you have absolutely no control over their value.