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8 January 2025 | 10 replies
Are you looking at self managing or putting into a management company?
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7 February 2025 | 13 replies
But I had not built up my self-confidence yet.
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21 January 2025 | 35 replies
When I was self managing, I turned over units in days rather than weeks/months and had reasonable contractors.
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11 February 2025 | 1681 replies
This guy could come up with a self-serving reason for everything he did.
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8 January 2025 | 29 replies
Now I'm not gonna be Mr Tour-guide for any/all who want to stop out and just look around but if you go through the steps and are serious, we have built out acquisition strategy HECK-YEAH I'm gonna say come-on-out and we'd carve out some time to do market tours together AND I'd equip you to do some self study/exploration.
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1 January 2025 | 11 replies
Whether that is most contractors, hiring an engineer, or getting self-educated.
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7 January 2025 | 12 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
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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?
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3 January 2025 | 42 replies
Reporting is regular and sufficient.
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3 January 2025 | 12 replies
However, we are taking over from a PM to self-manage and are inheriting the current setup.Our biggest concern is that this first communication from the tenant was a sob story asking for $500 back/off rent.