Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
Meaning you cannot just evict a tenant because their lease has expired.You will have to build sufficient evidence admissible in court and to the satisfaction of a judge to prove good cause to get a warrant of eviction.Many housing providers kept high risk tenants on month to month leases so that if the tenant stopped paying rent, you could simply give them a notice to vacate and recover possession of the rental unit that way.The reason for this methodology was because the HSTPA of 2019 passed in NYS made it extremely onerous and costly for housing providers to evict due to non payment.That method under good cause will be eliminated.So you can still keep tenants month to month but you will need to document the lease violation due to nonpayment rigorously.How many times and how late is “good” enough?
Thomas Malone
Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
Sounds so appealing but it can all be done without any Guru!!!
Marc Shin
contractor is threatening to take me to court
13 December 2024 | 20 replies
That argument wont get you far in court .
Michael Nguyen
New investor....Should I buy single or multi-family?
23 December 2024 | 14 replies
Single-family homes benefit from a larger buyer pool, appealing to families and owner-occupants, which makes them easier to sell.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
But I did not like what I saw, anything under what Costar would rate 4 stars did not appeal to me.
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
Looking forward to learning and growing along the way.Best,Dan Hi Dan, welcome to the BP group, any certain type of RE investing appeal to you?
Brian Willie
Selling Property Owned Subject To On Wrap-How To Structure?
29 December 2024 | 6 replies
You get tied up in court and every deal you've ever done gets reviewed to see if there are any other "fraudulent" transfers.
Gabe Chase
Best Amenity to Add?
30 December 2024 | 13 replies
Such luxury as indoor/outdoor pool, park for skateboard, tennis court, tiki bar with dance floor… of course if you need to think about the ROI and how much maintenance it takesBest ROI items are - big screen TV, hot tub, playground, PS5, BBQ…The issue is cheaper items require more maintenance.
Mike Gi
6 unit 3 story 1 bed 1 bath in Midtown Sacramento
31 December 2024 | 13 replies
Make sure the units are fully furnished with all the basics, and consider including utilities, Wi-Fi, and flexible leases to make them more appealing.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Check the County court records.