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12 April 2024 | 13 replies
.), but NYC is a tough market to operate especially when tenants become trouble.. would say standard eviction timeline is currently around 18 months, it's a nightmare when it happens that's why we are very well set up and we make sure to have a good relationship with tenants, (we can talk about NYC a different time,) bottom line it is a market with practically no vacancies, and crazy good rents, but very challenging to operate.All being said, I am looking to evolve into different markets, problem is I have no idea how evaluate a market and what I need to consider and how to even do market research on anything outside of NYC.. so, I would appreciate for some input on how to find deals, understand and underwrite different markets.
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12 April 2024 | 2 replies
DEFINITELY have a defined lease agreement with set terms.
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9 April 2024 | 4 replies
I have a large income, great credit score, a down payment, just not enough for 20% down OR not enough down to meet the conforming limit of $766,000.
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12 April 2024 | 2 replies
Hi all - for those renting to section 8, where the term of the lease could start on a random date when you pass their inspection (say April 9), how do you set up terms of payment with the tenant once their portion is determined?
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12 April 2024 | 27 replies
I focus on Columbus, Ohio, which has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities.
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12 April 2024 | 5 replies
I want to be understanding (despite some unwelcome commentary about my rental during a second tour that went on for nearly 1 hour after lease was signed...) and professional, but this sets me back to step one of finding a tenant while maintaining two mortgages/bills and outdoor spaces.
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10 April 2024 | 2 replies
Looking at single family or a duplex to start off the adventure, then sky's the limit after that.
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11 April 2024 | 3 replies
You also have to realize that even if you are not using the entire heloc limit "Some" underwriters still calculate the Maximum payment into consideration.There are some ways to pull money out of a Heloc and deposit it into a savings/checking account prior to application to satisfy the PITI reserve requirements.
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10 April 2024 | 21 replies
I'm a subscriber to PriceLabs as well but I see while it does help its really only as good as the guy/girl setting up the details.
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12 April 2024 | 10 replies
Kendall set out to answer what she felt was a call to action and approached CMHA and others about the project.Together they developed Harriet's Hope, believed to be the only affordable, permanent community specifically for human trafficking survivors in the nation.The importance of housing for human trafficking survivorsHarriet's Hope is part of a larger initiative in the state to end human trafficking and fulfills a critical missing piece — safe, affordable and accessible housing for survivors — in its efforts, said Ohio Attorney General Dave Yost, whose office has a human trafficking commission.The lack of a safe place to go can make individuals very vulnerable when it comes to human trafficking, according to advocates.