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4 January 2025 | 12 replies
You must give proper notice before each showing, you must give the renters the opportunity to buy the house first, and the new owner will have to honor their lease if they intend to stay.
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1 January 2025 | 5 replies
Looks like there has been another indefinite stay of the filing requirement as of Dec 27.
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2 January 2025 | 15 replies
This would allow her to feel more comfortable with the increase, and to still meet the 3x rent requirement.
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29 December 2024 | 14 replies
They'll moisture meter everything affected to see if it needs to be removed or can stay.
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16 January 2025 | 23 replies
I grew up in RI and my dad is a carpenter in the area (was as my parents recently moved to FL) but that got me into that market with some local presence as I stayed in the Boston area. (4) properties and 14 units later, I still find myself investing in RI as the price point is about half of Boston but the cash flow is similar.
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26 December 2024 | 3 replies
If the only MFH options you're finding are in areas you're not comfortable with, it might be worth focusing on a duplex in a better neighborhood.Saving up for a larger property later is a valid approach too, but keep in mind that real estate tends to appreciate over time, and waiting might make it harder to enter the market later.
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8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
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27 January 2025 | 13 replies
If you're looking to stay in New England, New Hampshire has, by far, the most landlord friendly tenant laws.