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15 November 2024 | 2 replies
Short term, assuming the real estate lobby doesn't sue this to keep delaying/appealing, once it goes into effect there will be no more broker fees paid by tenant *unless they hire the broker*Some long term effects I can predict already: - Landlords now having to absorb broker fees will bake this into the rent (e.g. how "no fee" units typically are priced a little higher than other units) - Real estate board will require another document (or checkbox) for tenants to sign stating that they're hiring the listing broker and responsible for compensating them for their fee *if* they apply and are approved- Regular New Yorkers will have an even harder time to find an apartment because you cannot legislate/regulate away a housing crises...
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13 November 2024 | 0 replies
The modest purchase price, combined with an ideal renovation budget, presented a prime opportunity to improve the home’s market appeal.
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13 November 2024 | 0 replies
Leveraging strategic market appeal, we turned it around the same day, securing a sale at $160,000.
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17 November 2024 | 16 replies
Adding it is costly, but doesn't have a good ROI which decreases the ability to force appreciation.So, too long; didn't read: Macon has a lot going for it as market (big hospitals, light competition, reasonable expected rent), but we opted to not invest there because while the cash flow was appealing, we really want to see great appreciation potential in what we buy.
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16 November 2024 | 12 replies
If consistent cash flow and diversification appeal to you, this might offer the best blend of growth and flexibility.Ultimately, it’s about balance: if you want to prioritize appreciation with minimal hassle, the first two options shine.
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13 November 2024 | 4 replies
You can also take them to small claims court but you cannot get water from a stone.
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1 December 2024 | 91 replies
I believe both active and passive investments serve a role and that at some point passive investments look much more appealing.
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17 November 2024 | 5 replies
This leaves a smaller balance disputed but if you do not pay them anything until its resolved, it could lead to issues if it goes to court.3.
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18 November 2024 | 14 replies
Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.
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11 November 2024 | 4 replies
I've noticed homes 30% larger than mine are paying about 1/3 of my tax amount.I know I missed the appeal window.