@Taylor CookBe sure to get an estoppel letter signed by the tenants and seller stating the current amount of the security deposit and any other pertinent facts not recorded in the lease.

So for example a typical unit in NYC that might rent for $3000 a month, could be rent stabilized at $800-$1000 (whatever it’s currently at) and the landlord cannot raise the rents above whatever the small % increase is.

Hello,I'm considering remodeling my current home and eventually renting it out when we purchase a new place for our selves.

Without some on the ground knowledge those really low prices in some of the neighborhoods can really play some tricks on those "out of state eyes."

I currently live in a Good Neighbor Next Door home in Norfolk, Va.

The property taxes are current and insurance is current.

However, there may be alternative tax strategies out there that are more applicable to your current situation or property.

This also allows you to keep the incredibly low-interest loan you currently have, and to only use the funds as you need them to acquire each new property.

I am currently working on the selling side of invesment real estate in Indianapolis.

But many are changing up with the current financial ops temp.