
13 November 2024 | 3 replies
For rehab work, especially if you're tackling kitchens, baths, and landscaping, a few essential power tools come in handy.

14 November 2024 | 11 replies
Typically, the owner is the only one that can sign a lease as they are the owner of the property.

14 November 2024 | 10 replies
Hey @Roy JenkinsAs long as you have good credit, typically above 720, being a first time investor won't be overly punitive.

15 November 2024 | 4 replies
Will some people invest, yes - but if you had two of the same products and one that was doing it the way it has been done for 100 years and one with the new technology for investing, the people with the $ typically will choose the old school way and not want to be caught up in the next FTX. 3.

15 November 2024 | 14 replies
I normally go into a deal telling a borrower to expect 70% LTV and then if the appraisal comes back suburban then we can bump up leverage. 80% LTV is typical in suburban areas and 70% is typical in rural areas for DSCR lenders.

18 November 2024 | 47 replies
It's essentially using multiple novel (but legal) applications of long-standing regs to an activity that largely didn't exist at the time they were created.

18 November 2024 | 14 replies
., as Bad habits in one area typically carry over to other areas, and will land you a poor Tenant (or co-signer) choice.

15 November 2024 | 2 replies
Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises...

14 November 2024 | 13 replies
I hear appraisals associated with ADUs regularly in southern Ca and they are typically less than 50% of hands off cost.

11 November 2024 | 9 replies
Here are some of the main questions I have:1.Percentage of Income: What percentage of monthly rental income do property managers typically charge?