I have mostly B, C+ units which is based solely on the fact that there are NO new units in my market. 98% of the housing units available in my market are 40+ years old.

My partner and I own land outright that is zoned for a single-family home in a new community. 

Hi folks, this has been all over the news and social media so I hope it's not a surprise to anyone but I just wanted to cover all the bases.Due to legislation spearheaded by the RI attorney general earlier this year, there is a new RI rental registry in place that requires all rental unit owners (even short term rentals) to register every rental property and rental unit in the state of RI, by October 1, 2024.The website is www.rentalregistry.ri.gov and you will also need to upload a current lead certificate ("Certificate of Lead Conformance") for each rental unit.The demand is so high that lead inspectors are currently booked out into November and December, so I hope you already have lead paint certs for all your units.

Eventually the borrower signed the cancellation and new mortgage, with a big reduction in his loan balance, and we got through it.

g=173096))Housing supply shortage: # new jobs per permit issued >1.5 (based on https://www.nar.realtor/research-and-statistics/housing-statistics/housing-shortage-tracker)Rent affordability <.33 (based on https://www.zillow.com/research/housing-supply-32743)Housing affordability <.40 (based on https://www.zillow.com/research/housing-supply-32743/)Based on these criteria I got 3 cities: Raleigh, NCCharleston, SCSan Antonio, TXI would love to know your thoughts on this methodology.

I sent a friendly message to her saying that I am the new owner and reach out if she needs anything.

I have found another property of interest and I am considering selling the replacement property from this previous 1031 and using it to 1031 into this new property.

Rehabbing units, removing problematic tenants, new infrastructure.

However, you might want to consider diversifying by looking at markets outside of New York that have strong growth potential but are still affordable—places like Indianapolis come to mind, where I’m currently focusing on new build duplexes with strong rental returns.Suburban vs.

I'm using this potential opportunity as a reason to buy some new tech gear!