Mike Moran
Selling Land for a loss?
16 June 2019 | 0 replies
Or, if i sold it for $210,000, would my Sch E income now be $150,000?
Thuy Pham-Satrappe
Do you buy small MF (2-4 units) for cash flow or appreciation?
17 July 2019 | 160 replies
We now have to monitor weekly water usage on all our MF, Two weeks ago, one of the props water was turned off while little kids were playing on the front lawn.
Robert Simpson
Bought 100+ yr duplex - how much to fix up before renting?
19 June 2019 | 12 replies
@Lynnette E., thanks for this!
Damonta Samuel
Should I get my License?
16 June 2019 | 1 reply
You have complete control over your negotiations e.
Tom Makinen
Play in the Minneapolis market?
17 June 2019 | 9 replies
How about- no smog, hardly any traffic jams, I e people ect- LOL
Charlie Moore
Texting battles with tenants...
2 July 2019 | 51 replies
text and e mail can and do get taken out of context.. when I follow along with my staff's e mails that they copy me on.. when I see them getting out of control..
Kathleen McCabe
Buy my 1st investment property now or wait for a crash?
11 September 2019 | 27 replies
@Kathleen McCabe Money can be made in ANY e environment.
Account Closed
New York State Restriction of Landlord Rights: Summary
23 September 2019 | 13 replies
Prohibits an RGB from setting longevity rentincreases.Part D: Repeals High Rent Deregulation, which allows units to be removedfrom rent regulation upon vacancy after the rent achieves a high rentthreshold; and Repeals High Income Deregulation provisions, which allowsunits to be removed from rent regulation if a tenant's income is$200,000 or more for two consecutive years.Part E: Sets the Preferential Rent as the base rent for the duration ofa tenancy, but preserves regulatory agreements that allow for legal rentincreases.Part F: Allows HCR or a court of competent jurisdiction to look back at6 years of rent history when determining rent overcharges, or a longerlook back period if it is reasonably necessary to make a determination.Eliminates the ability of an owner to escape punitive damages where theovercharges were willful.Part G: Enacts the "Statewide Tenant Protection Act of 2019" to allowany city, town or village to opt-in to ETPA and provides the appointmentof the members of the new RGBs to be done by the opting-in munici-palities.Part H: Amends the maximum collectable rent increase formula thatapplies to Rent Control units to set annual increase at either an aver-age of the last five years of RGB increases, or 7.5%, whichever is less;and prohibits Fuel Pass-Along charges for rent-controlled tenants.Part I: Reforms the personal use exclusion to limit the number of unitsan owner can take out of rent regulation, and requires the use to be animmediate and compelling necessity for use as a primary residence.Part J: Ensures that units rented by nonprofits to provide housing tohomeless or previously homeless people revert to rent regulation at theend of the use by the nonprofit, and that the previously homeless personor persons are treated as tenants for purposes of the law.Part K: Major Capital Improvement (MCI) & Individual Apartment Improve-ment (IAI) Reforms*Limits approvals to work for essential building functions and otherimprovements (e.g, heat, plumbing, windows, roofing); exclude mainte-nance.
Karl B.
Pennsylvania House Bill 71
20 June 2019 | 11 replies
The Erie Apartment Association where some of my rentals are located sent me an e-mail.
Gerardo E. Saldana
$100 per door formula - Does it make sense to you?
12 October 2019 | 24 replies
@Gerardo E.