When you're responsible for customizing the layout you can get more creative and find extra space a builder missed out on because they wanted to include some type of flex space or amenity room or it just didn't fit their box.

However, do that for the purpose of being able to charge a higher rent.

Every dime had a purpose and the majority went into the rehab.

Are you investing strictly for tax purposes?

Drew,I just reread my responses and in no way did I question any of the advice that was given to me.

While the ordinance went into effect on October 10th, the large response to the Call For Action yielded an initial ‘grace period’ of enforcement until November 9th.Below is the summary of the ordinance.

If they settled for such a large amount, the landlord must have carried some responsibility, and the insurance lawyers didn't feel they could win the case.

Ryan,Thanks so much for the response, can i utilize this if i am not currently renting the property out?

The forums are for quick response and real information.The OP is asking if he can just go into NYC and start wholesaling.

But he asked around and finally came back and said this morning ok er can do this. thanks for the responses