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17 February 2025 | 11 replies
The vacancy was low and rents were fair based on comps.
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20 February 2025 | 6 replies
Maybe your wife would be willing to take a lump sum based on the equity in the Air BnB.
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14 February 2025 | 19 replies
If you're doing a rate and term refinance, there's typically not a seasoning period but again it's common for lenders to require it be rented first.If you're doing a DSCR cash out refi, it may not need to be rented first but you're probably paying a higher rate.Your best option is to call a loan broker you trust and go through the options based on your current situation.
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15 February 2025 | 3 replies
I’m based in Tampa and run Graystone Investment Group, focusing heavily on helping (out of state) investors find and manage properties here in Florida.Totally agree on the importance of understanding those short-term rental rules in Florida—each area can feel like its own little country with all the different regulations!
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24 February 2025 | 16 replies
Those tend to be the neighborhoods that are gentrifying.Unique stuff to Pittsburgh I would say is don't go based on zip codes since one zip code can be composed of multiple different areas/neighborhoods.
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15 February 2025 | 14 replies
For example, an algorithm can't compare a property that charges a flat fee for utilities vs one that charges based on use.
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24 February 2025 | 6 replies
In many cases - properties sell for MORE if there is a vacant unit (especially if it's ready to rent) as you can market the property based off market rents as opposed to lower, inplace actual rents.
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10 February 2025 | 4 replies
I'm a CRE attorney based in Nassau County although I frequently work in the boroughs as well.
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24 February 2025 | 1 reply
The previous owner who was planning to make a pet hospital had some of the drawings and plan done on this old building.The previous owner also had no plans for addition or extension of the existing building since it requires zoning of a plot which is more time consuming process based on the feedback I received from county and a couple of civil engineering firms that I reached out to.I was provided the following list for civil engineering work.Pre-construction phase1.
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24 February 2025 | 9 replies
They are either speaking out of their limited experience or claiming something is legal or illegal based on personal preferences. 🤓🧐 thanks Scott:)