4 May 2020 | 0 replies
Here are the terms of the proposed deal:What I put in/get:- I put in 150k cash- I put in the original idea and there are some legitimately unique elements to the community. - I put in countless hours as the developer working on the concept for a long time I found the site, did a lot of research to identify a unique target market. - I'll be doing everything that needs to be done that my partner doesn't do, including marketing the units, ets., raising additional needed capital from pre-sales and investors, dealing with accountant, etc. - I GET 70% of the company and profitsWhat the builder puts in/gets:- 10k cash, mostly for good faith- The LLC/Partnership will rent his construction company for the duration of the project.

5 May 2020 | 1 reply
They have been responding to some of the eviction moratorium and proposed rent cancellation efforts.They have created a few good videos and you can find them on you tube by searching for "under one roof ny"Give them a look and support if you choose.

5 May 2020 | 0 replies
Being that I am based in the state of NY, it is tougher to organize wholesales due to legislation and attorneys.

21 May 2020 | 8 replies
Lastly, I would suggest having many many discussions with the city or the county about this proposed project.

11 May 2020 | 3 replies
I don't recall what the latest new legislation was for your state-changes weekly-of course you will have to find that out.

15 May 2020 | 27 replies
However, the CARES Act absolutely pulled the rug out from under landlords and overrides decades of landlord-tenant legislation and case law at the state level, as well as hundreds of years of basic contract law, by banning evictions for non-payment of rent for 120 days.Under this Federal Law, a tenant who stopped paying their rent in March would have no repercussions whatsoever until July 28th, at which time the landlord can issue a 30-day notice, wait the required 30 days, and then get in line to wait for a court date with an overwhelmed local court system in hopes of regaining possession of their rental unit.Even the best prepared landlord would have a very tough time weathering six months with no rent and no recourse.

15 May 2020 | 15 replies
It's not a DIY or a Realtor thing, typical it's just owner and seller and a local lawyer, so the seller does not have to pay a commission to the Broker on the sale.Since the owner has already lined up a broker and listed it, there might be a commission owed on the sale though.You're a clever lady for proposing a deal like this for you and your family.And it might not be the first time that property was sold like this.

30 April 2020 | 3 replies
I have a list of companies that i want to reach out to and can use some ideas on how to propose myself as the right agent.

25 May 2020 | 25 replies
If a proposed tenant had been furloughed and I could verify there employer is bringing them back and they have been there for a few years, I would take a chance provided they are receiving unemployment and they still qualify.

2 May 2020 | 13 replies
@Rich Weese I'm not trying to "teach you" anything, I'm just trying to clarify what exactly you are proposing.