Jon Pflueger
Predictions on the FARE act and its effects on the NYC rental markets?
15 November 2024 | 2 replies
Recently, NYC Council has passed a bill, the F.A.R.E. act, that shifts the brokers fee to who ever hired the broker (Usually the landlord).
Heath Sizick
New to BP's & real estate in general
14 November 2024 | 2 replies
I, too, shifted from working with adolescents and young adults to getting into Real Estate... in hindsight, that past experience has helped me in this field, and I believe it will help you as well.2 things I recommend for new BP members in your position:- Use the search feature to find people and topics of interest.
Sasi Kumar
Genie garage door opener (screw type) - Rail moves
14 November 2024 | 2 replies
However, excessive shifting could indicate that the opener isn’t secured tightly or aligned correctly.
Leslie Daniely
First Property As A MTR-Quadplex
17 November 2024 | 16 replies
Of course, YMMV.I would definitely get a good look at the neighborhood around your possbile purchase, and see if you think a nurse would feel comfortable finishing a shift and coming from the hospital to your quadplex alone and in the dark.
Noah Schulz
Seller asking for November rent from tenant after closing
15 November 2024 | 5 replies
You might also consider talking to the tenant about shifting the rent due date to the first of the month to avoid future confusion and align with typical forward-paying leases.
Teonia Riley
Terminating House Under Contract
13 November 2024 | 8 replies
(Still awaiting Seller to confirm report it’s been done as she agreed to the inspectors recommendation but has mentioned she’s not replacing it) In additional to the foundation has shifted and need reconstructed due to a lot of slopping in the home (My agent said it comes with wear and tear, so they might argue that their not going to fix it so I didn’t put it on the IRSA to repair).
Michael Plaks
Another misleading presentation on cost segregation
12 November 2024 | 2 replies
They presented a juicy case study to illustrate the benefit of depreciation recapture shifting from cost-segregated personal property to real property.
Marc Shin
bathroom tiling vs LVP
12 November 2024 | 6 replies
In the only building I have bought that had tile there was a lot of cracking and chips due to seasonal foundation shifts and the chipping due to tenant damage.
Henry Lazerow
Anyone else finding flips to not pencil out lately?
15 November 2024 | 9 replies
I think the market has to really shift, where people just don't want to take on rehabs for there to be equity built into the deal.
Suzette Rodriguez
Real estate market with the new president ?
12 November 2024 | 4 replies
On the flip side, tighter regulations or changes in interest rates could shift market dynamics.