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9 September 2024 | 12 replies
As we get older, we no longer have the desire to add more homes to our portfolio.That said, with our experience doing rehabs, working with private funding and with the majority of our homes paid off, we are now in a good place to start offering investment funding ourselves.
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12 September 2024 | 32 replies
A lot of people are feeling the squeeze of cash flow right now at least for desirable markets.
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12 September 2024 | 28 replies
But since you've mentioned this, I will make sure to note in the listing that it's shown furnished, but can be provided unfurnished if desired.
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9 September 2024 | 4 replies
I went to several of the LIOS webinars including that one (those were the highly desirable cucumbers deal where you bought the greenhouse and they held the land correct?).
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8 September 2024 | 6 replies
In general, tubs are moving down on the list of desired features.
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9 September 2024 | 10 replies
Many competing offers will come from buyers with cash offers or 30%+ down payments.Properties that are most appealing to multi-family homebuyers on Long Island are those:- With newer finishes/recent renovations- 3+ bedrooms in 1 or more of the units- located in desirable school districtsTo make the numbers work and to find a deal where you may have more room for negotiation, I'd target:- Properties with 30 days on market (DOM).
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9 September 2024 | 14 replies
Desirables: 8 min walk to trains to NYC and 2 parking spaces.I feel the property was not built well and future leaks are inevitable.
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8 September 2024 | 13 replies
Some of them have the desire & extra cash to fly out to attend the inspection.
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10 September 2024 | 43 replies
It seems like it should not be legal, in effect taking something without any LL compensation (freedom to use unit for whatever LL desires at the end of lease).Besides my primary issue that the law changes an existing contract, it also makes it harder to get rid of less than ideal tenants that raises risks and costs.
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7 September 2024 | 3 replies
.- Investment Lock-Up: While there’s a chance your funds could be tied up for a bit, if the property is well-designed and in a desirable area, you might see appreciation that allows for refinancing sooner than you think.Buying an existing property:- Less Risk: Existing properties come with a track record, so you can analyze their performance and potential more easily.