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12 March 2024 | 17 replies
Fannie explicitly allows transfers to LLCs when the loan originated after June 2016 and when the LLC is controlled by the original borrower (source: Fannie Mae Servicing Guide - D1-4.1-02, Allowable Exemptions Due to the Type of Transfer).
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12 March 2024 | 25 replies
Guest simply needs to turn on the TV and go to the Spectrum app on the Roku (or any similar device), which I tell them on my "house rules/faq" sign right at the front door.
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15 March 2024 | 20 replies
I think that the rent prices will continue to go up because, unfortunately, fewer and fewer people have control of the rental market/own investments.
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14 March 2024 | 7 replies
But monthly or short-term rental is when you want as much control as possible with how you run your home, and should avoid HOA.
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13 March 2024 | 11 replies
Your points are really interesting, especially about Rent Control – that's new to us!
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15 March 2024 | 31 replies
While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.
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13 March 2024 | 12 replies
When hiring contractors, the key difference compared to employees is the level of control.
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13 March 2024 | 4 replies
You lose control but you aren't being called in the middle of the night to fix a toilet.
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13 March 2024 | 25 replies
All my units are in A/B class neighborhoods with 95% of my tenants in healthcare - nurses/Doctors and all my units are wirelessly controlled with security system, wireless door locks...
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13 March 2024 | 37 replies
Quick list, pros- low vacancy rates, high rents, moderate/high home appreciation, high rents increases, demand is always there as people move/commute from NYC; cons- very competitive, pro tenant laws, high property taxes, some towns have rent control, high barrier to entry with expensive multifamily prices.