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... 

You should NEVER use an online template as most of those are easy to trample if need be.

There are some really great podcasts that talk about different things, and there are actually quite a few vendors that produce content (podcasts, blogs, webinars, etc) that can educate you a ton.

That will keep your holding costs lower.

and think about what it means to put a down payment into a property.with that said, there are of course still niches and strategies that generate more cash flow. 

If a major expense comes about (i.e. roofing repair, hvac, etc) we would split that as well. 

Too many people are scared of townhouses and condos, but you are protected against a lot of the repairs of single-family or multi-family ownership.

Hosts a monthly Meetup that you may want to check out.

yes the MTR rates are 1.5-2x rent.

The reason most people are struggling is that they don’t truly understand lead generation.