Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
For instance, a property in Windsor Terrace purchased in the year 2000 for $140k is now worth $1.2 Million, conservatively.A more recent purchase, a Brownstone I purchased in 2015 for $900k and renovated for $300k, so all in for $1.2k is worth $2 Million now.Do keep in mind that past performance does not indicate future performance.However, these kinds of numbers are very typical from 1998 to now.When I was teaching, I used to ask my Investor Students, "What is a Bargain?"
Benjamin Amaral
Canadian Applicant with no SSN
4 November 2024 | 8 replies
If they can’t provide evidence of this, or a Visa (student, etc) that authorizes the duration of their stay, then they’re here illegally.
Eric Fernwood
Will the Election Result Impact the Housing Market?
5 November 2024 | 6 replies
We have a lot of investors that rent space as Airbnb (limited to 400 units) and room space to students from a local ministry school, as well as others looking for more affordable options.
Teddy Kennedy
Tenants are asking for a rent rebate for renovation
4 November 2024 | 8 replies
The house is rented to college students, with the parents paying and dealing with everything.The house had a burst pipe and water damage in the shared bathroom in August of 2023.
Brady Ascheman
Mid-term rentals (where to start)
5 November 2024 | 11 replies
We spent about $9,500 on furnishings including furniture, electronics, kitchenware, bedding, towels, etc. for our 2/2 condos.Lastly, Furnished Finder is known for providing tenant leads for travel nurses (about 40% of their travelers are nurses), but a broad range of professionals, relocations, students, and others use it too.I hope this is helpful to you, all the best!
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
If they wanted to send a hard money pre-approval for half of the purchase, then either A) the lender needs to confirm that they verified the borrower possesses the remaining cash to close, or B) the borrower needs to show proof of funds for the remainder.
Rob Bergeron
Niche Halloween Riddles, Only Seasoned Investors Could Figure Out
31 October 2024 | 0 replies
In realms where shadows veil the light,I shift possessions overnight.Deferring burdens none can see,I weave the threads of property.A spectral path to trade unseen,What method moves behind the screen?"
Jessica Swanson
Tenets Not Out by end of Lease
31 October 2024 | 3 replies
I would go over there and ask when they can expect to be 100% vacated and let them know that you need to take possession asap.
Cory Melious
Tenants plugged drain and septic tank with tush wipes. What to do?
31 October 2024 | 7 replies
While this may be a clear lease violation, there is no guarantee that the judge will grant the removal order and give you back possession of the home.You need to weigh the costs.
Walker Hinshaw
Approached by a PM to turn my SFH into a Sober Living Rental: Any experiences?
8 November 2024 | 31 replies
How is that any different than someone renting rooms to students, seniors, etc. ?