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3 January 2025 | 3 replies
@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut
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23 January 2025 | 45 replies
If we face any headwinds, liquid investments go first so probably crypto but then you bet equities will get pressed.
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8 January 2025 | 31 replies
If your exchange is not done properly or your funds are not safe you are going to kick yourself for trying to save $500.
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8 January 2025 | 38 replies
The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?
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22 January 2025 | 31 replies
It isn't impossible but as @Jimmy Lieu mentioned, there is a steep learning curve.Depending on your liquidity, out-of-state buy & hold rentals could be your best bet if NYC investing is out of the picture.
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5 January 2025 | 18 replies
Cash flow is helpful because it ensures the property pays for itself and is a safe investment.
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20 January 2025 | 32 replies
I would bet the older homes will see a lot more appreciation than the newer homes, percentage wise.
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20 January 2025 | 62 replies
If you cannot prove income then our rental DSCR loan will be your best bet.
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16 January 2025 | 19 replies
Safe to say that many punters who invested in low cap rate syndication deals, especially during the peak of the hype, are getting schlonged right now.
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19 January 2025 | 61 replies
Its a safe place to park money.