Hi-I have money to invest;-I invest longterm in the stock market, REITS and I'm looking to diversify;-Interested in real estate investing that is passive and remote/long distance;-I live in Dominican Republic but I travel;- I want more knowledge about how to filter the passive strategies to find a trustable team: syndication, crowdfunding, turnkey. 

Ithaca is like another planet.STRENGTHS-  appreciation is pretty much guaranteed, no matter how crummy your property is-  student housing isn't restricted, they'll live anywhere-  having an ivy league school means there's a lot of money flying around-  rent is high-  tons of development and growth going on-   strong STR performance outside the city properWEAKNESSES-  almost absurdly high prices-  similarly absurdly low cap rates-  pesky annual inspections required on multifamily properties-  most deals happen behind closed doors, and agents tend to be very unhelpful-  5-7% cap rates typical, sometimes lowerSummary: Ithaca is a great market to park your money in and wait.

Additionally, I have a "Notice to Vacate" section in my non-standard rental provisions indicating that tenant and landlord must provide a 2 full calendar month notice to vacate. 

I suspect the 2nd floor addition of 2 BR and .5 Bath is unpermitted\.

Unfortunately, I have not come across any seminar that wouldn’t attempt to get me to sign up for hundreds/thousands of dollars’ “worth” of a workshop, where I’d subsequently likely be pitched tens of thousands of dollars “worth” of additional “education” and alleged mentorship.

Makes sense you want to buy out of state if you live in LA, I live in LA and own rental properties out of state. 

I actually text the check out instructions to each and every guest in addition to the copy on the fridge.

I’m much more into this than she is lol she’s not against it just doesn’t push for it like I do, in addition to the fact we will cut our possible mortgages in half if we both go on the same one)My realtor is pushing for us/me to look at more expensive multi’s as there’s less competition and potentially bigger returns.

We lived in the 1 bedroom while we did some small renovations in the bigger unit.

Additionally, our strategic marketing highlighted the property's new features, attracting buyers quickly.