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30 July 2013 | 5 replies
We all need outside perspective sometimes.To the best of my knowledge, unless agreed to otherwise in written form, the default for NY is a full month notice is needed.
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6 January 2023 | 2 replies
I'd recommend David Greene's book, "Long-Distance Real Estate Investing," if you haven't found it yet.Here are some resources you might consider with various perspectives on this:* A guide to market analysis* "Identifying Your Best Market, Neighborhood, and Property in 8 Steps"* "Is That Neighborhood Up-and-Coming?
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6 January 2023 | 8 replies
But a quick mindset shift can make a big difference:If you are renting right now for $2,000 but if you are able to buy a duplex with 3.5% down with a mortgage payment of $4,000 you can do some quick math and find out that you won't cashflow.
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5 January 2023 | 3 replies
Similar thoughts playing around with leases and CAPX — essentially trying to stress test how much wiggle room there is in the deal from a cash flow perspective (and potentially in terms of pulling out equity on a refi a few years down the road).
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5 January 2023 | 0 replies
Data comes from MRED LLC, St Louis Fed, MortgageNewsDaily.com, and NAR.Housing Affordability- The current market shift is primarily a result of deteriorating housing affordability: Homes have become so expensive that many people either can’t or won't buy.
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5 January 2023 | 1 reply
Strictly speaking from a tax perspective, you cannot take more than 3000 in losses even if you harness more than 50k in losses (Unless, if you have other capital gains).
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8 January 2023 | 3 replies
There's a lot of nuance that goes into determining what can and can't be accelerated, I'd suggest consulting one of the many professionals in this forum.When deciding which "type" of property to buy I'd focus on which property makes more sense from a financial perspective rather than a tax perspective.
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6 June 2018 | 44 replies
Honestly that's perspective, a perspective your ego shouldn't get in the way of.
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5 January 2022 | 227 replies
Thank you for chiming in and offering your perspective on all of this I very much appreciate it.
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8 January 2023 | 2 replies
I'm starting to look for more creative financing methods especially given the market is starting to shift - and trying to figure out the "how" to make deals work as opposed to just leaving it once a traditional method doesn't work out.