Samuel Hudson
Weehawken rent registration
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 .
Jackie Constantine
Does anyone know of resources for buy/manage extended stay hotels? Thanks!
17 January 2025 | 1 reply
Thanks for any help you can provide!
Barbara Potts
Interest in self storage syndications
22 January 2025 | 13 replies
These syndication can provide an 8%+ cash-on-cash return - providing investors monthly cash flow - and a 15-20% IRR over the length of the project.
Simone Mancuso
Have you ever seen a rolled roof installed like this?
19 January 2025 | 2 replies
I would find out who the manufacturer is and send it to them and confirm they will provide a warranty on this.
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
I used a property manager (before I was one) for (1) time & headache savings and (2) the value the property managers provide by economies of scale (marketing, discounts with vendors, etc.).
India H.
1st time REI ready to make first purchase!
16 January 2025 | 10 replies
If you're considering hard money loans, they can provide fast funding, but with higher interest rates and shorter terms.
Carter Fleck
Keeping My Finger on the Pulse of the Property Management Industry – Seen any sales?
24 January 2025 | 1 reply
Private equity firms seem to favor larger operations with scalable systems, while smaller mom-and-pop firms are often acquired by local players or regional operators looking to expand their footprint.If you’re looking for actionable intel, reaching out to brokers specializing in the sale of PM firms could provide useful leads.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
If you hire someone typically they are the ones providing this information, but if someone is paying you, then yes they need this information for tax purposes.BTW - I would say your SS# has been hacked so many times and is on the black market already this is why we monitor ours through other parties or just lock it down at experian and other agencies if you are concerned about it.
Cami Scott
Real Estate Investing for Wealth Accumulation
23 January 2025 | 4 replies
I do intend to stay close to home - but home provides only annual opportunities and I’m looking for year round possibilities with tax deed properties.
Charles Chester
HELP!! Question about LEXISNEXIS
18 January 2025 | 3 replies
I was wondering if you know how to answer this question without providing the word “Skip Tracing” to them.