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5 November 2024 | 15 replies
This is what Wall Street does to deploy tens of millions into a marketplace quickly.
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8 November 2024 | 38 replies
Looking into the STR market, i would suggest a couple things to include into your property search. 1) the STR market is very saturated here so look for something unique or offer unique amenities to your guests, this will help your property stand out 2) different set of rules for properties located within city limits vs without i.e. outside city limits doesn’t require a permit which the city is cracking down on the amount of STRs on any given street or neighborhood 3) HOA is a big deterrence as a lot of HOAs don’t want any rentals of less than 30 days so an in depth search into covenants and by laws would be doing your due diligence.
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30 October 2024 | 28 replies
If one resident relapses or brings drugs into the house, the residents resolve the situation themselves, usually by requiring the offending resident to leave for 2 weeks before reapplying for residency.
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31 October 2024 | 25 replies
I got lucky and rented the developers house :) I also owned 4 rentals in Patrick farms just across the street north of Reunion.. if you are dead set on MS thats what I recommend anything else you invest in going to be a crap shoot at best.
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3 November 2024 | 11 replies
My roof is not dark (it's metal, orange-like color) but it's not really visible given the higher elevation compared to the street.
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6 November 2024 | 54 replies
This spring I had additional french drains put in between us and the house that sits a tad higher on the slope of the street above us.
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1 November 2024 | 6 replies
Should be in the parkway (on the street side of the sidewalk), look for a blue metal circle in the grass somewhere.
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30 October 2024 | 0 replies
Alongside this 5,000-square-foot Bird Streets home, buyers have the option to acquire three life-size Spider-Man figures signed by Lee.
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30 October 2024 | 35 replies
It goes deeper than that.NYC Liberal policies, including strong tenant protections, increases the risk of failure so much that the risk far outweighs the rewards.Financial ruin is just around the corner for the small Mom and Pop Property Investor that it doesn't make sense for them.The Tenants will have free Attorneys that are bent on delaying eviction cases so long that it stretches into years while Mom and Pop suffer from lack of rental income and still have to pay all the bills and do the management.Additionally, the increase in homeless living rough in the streets due to Sanctuary laws causing a lack of shelter beds, then evicting shelter residents after 30 days creating more homelessness, policies that tie up the Police's ability to arrest perpetrators, etc. only causes Mom and Pop to sell out at large discounts to larger Landlords who are capable to use Economies of Scale to eek out a profit.These larger Landlords will eventually turn a much higher profit as the pendulum will eventually swing towards the middle when the NYC Voting population eventually realizes that it's not a conspiracy of the Rich that's causing the Wealth Gap to increase.It's the same liberal laws that encourage people to become lifelong tenants, small Entrepreneurs (including Property Owners and small Mom and Pop Businesses) to be destroyed, and Rents to rise astronomically as housing becomes scarer even when the population declines by as much as 7% in the last several years.