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30 August 2018 | 15 replies
I think ultimately there needs to be some commonplace legislation at the state level to make sure its not just people buying up houses to rent out like hotels willy-nilly, but also that its not infringing on an individual homeowner to rent out a room or apartment in their home.With some 40,000 AirBnBs in Florida generating 10s of millions of tax revenue I don't see how Florida can turn them down.
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30 April 2018 | 7 replies
The practice allows landlords to engage in “backdoor discrimination” against minorities, domestic violence survivors, female-headed households, veterans, senior citizens, and individuals with disabilities, Cuomo’s office said.More likely than "backdoor discrimination" is that the tenant applicants aren't documenting the non-wage income.
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30 April 2018 | 3 replies
When I filed the complaint, the HOA ignored it and refused to do anything about it.Do I have any legal options to demand proof for the noise violation?
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31 July 2018 | 45 replies
So rather than flipping in an expensive market, I may buy properties that cash flow in just below the market average where there is still high demand regardless of fluctuations in the market.My partner and I are still buying properties that make sense number wise, that cash flow, and that have a likelihood of appreciation.
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15 November 2018 | 8 replies
Yes individual deals exist in all areas, but to say an area like Belair Edison meets that criteria just Doesn't happen today.
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3 May 2018 | 23 replies
Demand is always in the rent.My model is selling multiple properties that are vacant whether renovated or need renovation so investors buy for the correct usage of the property but are able to add value when occupied/stabilized.
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1 May 2018 | 3 replies
I was planning to do an "as is" contract with the tenant but would be willing to spend a thousand dollars for minimal needs but certainly not four or five thousand for bugus FHA demands.
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23 October 2018 | 21 replies
A contractor who wants to live in the property can fix it up for a fraction of the cost plus they aren't looking to resell for an immediate profit so they don't need the price to be nearly as low.While a flipper might demand that the property be 70% below ARV minus repairs, and holding costs, and resale costs, and your assignment fee (in other words your max offer to the seller would probably have to be less than 50% of the ARV).
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3 May 2018 | 12 replies
If your goal is cash flow it's always better to invest in areas where entry is low & rent is what drives demand.
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11 May 2018 | 16 replies
It seems like it would be a daunting task to find and contact every individual commercial brokerage.