15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .

4 January 2025 | 9 replies
We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

27 January 2025 | 2 replies
•For example, a listing with three price drops and 180 days on the market would be weighted less than one with 30 contacts, no price drops, and a quick removal after 30 days.3.Open Data:•Provide direct access to each comp’s details: price history, leasing schedules, photos, and even links to the original listing sites—all without leaving the platform.These three issues have been my biggest frustrations with current tools, and I’m building this out for internal use in my market.My questions to you:•Is this something you would want to see in your market?

29 January 2025 | 10 replies
Lower property taxes, affordable housing compared to LA (CA buyers are usually cash buyers because what they net from their smaller home in CA can get them a bigger home here, often covered by what they net from their CA sale), allergies (smog), and politics.
28 January 2025 | 7 replies
After selling the property, my real estate investing journey went on hold for several years while my family grew to a wife and three beautiful daughters.

29 January 2025 | 4 replies
I offered them 10% down, interest rates favorable to me, amortized for 30 years, but with a balloon payment after 3-5 years.

26 January 2025 | 24 replies
If the tenant doesn't move after receiving the eviction notice, there are a series of steps you need to go through to get them out (and it can be a lengthy process).

27 January 2025 | 2 replies
Meaning, is there a way, maybe even after my 2nd purchase, to only use my properties to continue to scale?

27 January 2025 | 2 replies
Right now, Im working on getting my real estate license, but Im not sure what to do after that.

15 January 2025 | 34 replies
Almost every REMIC is in violation of it's tax status.