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 .
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6 February 2025 | 12 replies
The motivation is not necessarily to scale into larger opportunities but rather to achieve better balance and also optimize the performance of the projects and types of projects I currently pursue.I have no shortage of individuals who possess specific skill set who would want exclusive rights to that particular service vertical in return for contributing capital and a partnership interest (construction background and wants to take over all construction duties or someone who is a sales broker and wants to list all of the properties etc.)
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3 February 2025 | 5 replies
Prioritize deals that offer steady long-term returns over ones that seem too good to be true.DSCR Loans for Growth:Debt Service Coverage Ratio (DSCR) loans can be a game-changer for investors who want to scale.
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20 January 2025 | 4 replies
Could be the tenant is not using the service, doing something to attract roaches or the exterminator isn't doing their job.
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30 January 2025 | 5 replies
The utility company doesn't manage your property...they provide paid services until they're not paid anymore.
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8 January 2025 | 31 replies
What was their level of speed & competence?
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26 January 2025 | 51 replies
Here are just a few commentsA syndication with 5 levels of membership is a pretty complicated beast.
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8 February 2025 | 7 replies
$25k is only 4.16% of your new purchase price, heck of a deal.Thank you for your service and let me know if you want to talk any more details and run actual numbers based on your situation.
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23 January 2025 | 2 replies
Charming, smaller coastal towns with a slower pace of life, natural amenities, seclusion and semi-self sustainability are high on the wish list of many high level clients and investors.
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13 February 2025 | 4 replies
Unless new companies create replacement jobs, the only remaining positions will be lower-paying service sector jobs.