Luis Fajardo
Gen Z Buyers Struggle in a Fast-Paced Housing Market
6 February 2025 | 0 replies
For more affordable properties—those priced under $400,000—the timeline is even shorter, with many homes receiving offers within two weeks of being listed.This fast-moving market poses a particular challenge for first-time buyers who may not be as familiar with the urgency required in competitive bidding situations.
Don Bessette
Wording for a notice to move for full renovation
6 February 2025 | 4 replies
You would have to pay his relocation costs and two months rent.
Jennifer Stammberger
RE Cold calling companies
6 February 2025 | 13 replies
Cold calling and cold texting do not work and are two of things in the most jeopardy right now for lawsuits (texting has so many fines coming its way).
John Hickey
Long term BRRR in Bed Stuy Brooklyn, NYC John Hickey
28 January 2025 | 71 replies
Came close on two Mexican restaurants but they fell through for one reason or another.
Peter Marriott
Problems with our Current Rental and Deciding Whether to Sell or Not
5 February 2025 | 3 replies
Everyone who has done this for a while has had a property or two like this one.
Tyler Garza
Shoot Down My Beginner Strategy
6 February 2025 | 32 replies
And you have a new primary residence.If the idea of a year wait to get into your next primary is too long then sell your house now and buy two properties - one duplex and one primary.
Tom Nagy
Stay away from RAD Diversified
3 February 2025 | 34 replies
I have two HML that are years past due (250k each).
Jemini Leckie
Unrelated Tenants In a House Hack
14 January 2025 | 2 replies
Quote from @Jemini Leckie: Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend.
Samuel Hudson
Weehawken rent registration
15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .
Jordyn Ohs
Best way to pay down or off a Heloc
16 January 2025 | 2 replies
You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.