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Results (10,000+)
Matthew Drouin Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
.✅ Secondly, good cause has a max cap on yearly rental increases at a certain margin above CPI or 10%, whichever is less.For those of you who own stabilized, high quality housing like we do, this shouldn’t be a problem.But instead of keeping rents flat because you are a nice person or increasing just a little bit, you could get yourself in trouble when it comes to funding future major repairs and capital expenditures.As long as you are increasing to what the market will bear, you will be in good shape.Also if you are looking at purchasing blighted, dilapidated housing with the intent of raising rents and financing improvements to the property, you will have to take this into consideration and buy accordingly and on in place rents not projected rents.On the implementation side, however that pans out, you might be able to get these necessary rent increases to finance repairs but you may need to go to housing court in order to get the green light but we are just not sure at this point and remains to be seen.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
Carlos Rodrigues Purchasing a property with illegal bathroom
31 December 2024 | 8 replies
In Atlanta, Georgia - unless you get caught doing something illegal, it's considered 'grandfathered in' and won't be a problem when buying or selling.
Alberto Freites The Miami Market is Overrated?
27 December 2024 | 66 replies
Look to buy off market.
Eric Miller Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
27 December 2024 | 13 replies
I assume your question means you already have a 600k property that you owe 420k on, and are wondering if you sold that property to buy more properties which way would you come out better over time. 
Moe Chafei HI Everyone -
27 December 2024 | 3 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
LaTonya Clark Did it again
25 December 2024 | 6 replies
I did a DSCR cashout loan from my other rental to buy and reno.
Alex Silang What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
I plan to leave them enough that they can afford to buy a house or start a nest egg, but I am not leaving large sums to them.
Austin Bull AI and REI
29 December 2024 | 8 replies
A good example is Best Buy.
Jonathan Grzeszczyk Excited to Start My Real Estate Investing Journey
26 December 2024 | 2 replies
It’s easy to get caught up in the excitement of a potential deal, but skipping this step can lead to costly mistakes.Getting your real estate license is also a solid strategy just realize once you have a license wholesaling may not be in the cards as its a very gray area.Lastly, since you're planning to buy properties for yourself in 2026, start laying the groundwork now.
Natalia Perlova Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
, takes the edge of the emergency and buys us time to get a contractor out without having to pay for emergency hour services.