Following the laws has been a "process" to call it nicely.

My wife and I own four units and we’re making the jump to double digits.

Here are the steps you need to take AFTER receiving the contractors response to the above1.

@Or UziCongratulations on entering the U.S. real estate market from Israel!

Any "strategies" to invest quicker than having the money to invest aren't going to be ideal for you.

last thing I would do is turn a property that you can sell with no tax into a property that your going to pay tax on in the future.. thats one thought..

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... 

Any tips?  

@Renee MachatWelcome to Bigger Pockets.

I am going to start doing reviews of these and will post them here.