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8 September 2024 | 101 replies
It’s where the cash flow and CoC can be found but admittedly they require much more management than my A or B.
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5 September 2024 | 2 replies
I haven't found a solution in my research.
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6 September 2024 | 9 replies
I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year- Insurance $250 / month- Capex 5%- Repairs/Maintenance 5%- Property Management 10%I've found a couple with a slight positive cash flow (no more than $50).
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6 September 2024 | 14 replies
That could be found in the title search pretty easily.
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7 September 2024 | 36 replies
Also, they state that if I'm found to have violated these peoples Human Rights, that I can lose my other Low Income Housing Tax Credits (aka Section 8 at my other property).The complaints also state that these individuals suffered "anguish" forEven if we decided to fight this, which we probably would have a decent chance at winning, it will cost me thousands in lawyer hourly billings vs. just paying out a settlement to these people.At this point, my lawyer has filed an extension with NY Division of Human Rights and should be reaching out to the non-profit behind all of this mess some point soon.It sucks because it will be more expensive to fight it and win, than to just take the L and pay them out a settlement.
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5 September 2024 | 19 replies
I started out active and found that I was not great at being an asset manager and finding quality property managers was a huge struggle.
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5 September 2024 | 13 replies
I completed a 1031 exchange two years ago, but found the strict time limits made it difficult to find a good deal.
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5 September 2024 | 7 replies
There were a couple issues found on the property and the seller has expressed a willingness in fixing those issues.
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6 September 2024 | 8 replies
Many of them found great success after their 1-2 years because many of those clients who were leasing ended up converting to homeowners a few years down the line.
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4 September 2024 | 3 replies
Others work with rehabbers across the country so you have some selection on location.Turnkey rentals are an easy way to get going, but the returns are typically not as good as if you found and managed the rehab on your own.