Patrick M.
NYC (Queens) - Rent Strike planned May 1st
27 April 2020 | 3 replies
While the federal government quickly offered forbearance options to many homeowners last month, assistance for most renters has been more varied by city and state.Landlords say rent payments are essential for them to pay their mortgages, taxes and building-maintenance costs.Almost 90% of apartment households paid all or at least part of their April rent by the 19th, a lower rate than normal, according to the National Multifamily Housing Council.Cosmopolitan Houses’ general manager, Steve Stadmeyer, said most of the complex’s tenants paid their rent in April and that staff has been directing tenants to programs that can help them financially.
Eve Oliver
Tenant dont want to pay but has money- Taking Adv of COVID
17 June 2020 | 11 replies
It will cost some money every few months for the lawyer to re-submit the paperwork to track them down and garnish their check.
Scott Beal
2008 vs 2020, Who Wins This Time?
11 May 2020 | 17 replies
I'm leaning towards the purchasing of "essential" small-businesses (like micro) mom & pops that were on the margins before this and just aren't able to handle the stress of this current situation and want out.
Nicholas Weckstein
Average housing prices over the next 3 months
28 April 2020 | 2 replies
Lower end markets are being hit FIRST. but I think they will rebound quicker and easier then the mid-high end markets. for instance the people who are employed in those lower end markets are also some of the highest rate of "essential" workers. so I think what will happen is the mid-high end markets are going to suffer from lack of consumer spending that will likely come from wage loss from people in those 2 lower classes. the owners of those consumer goods and services will suffer.
Bret Middlekauff
Waiting for Covid-19
28 April 2020 | 2 replies
Don't blame your agent, blame the governor for making us one of only three states in the country which have considered real estate not an essential business.
Rachel Blackwell
Have you ever replaced a sewer line before during a flip?
28 April 2020 | 2 replies
I've worked on several tear down and rebuilds in La Jolla and generally they are getting all new utilities anyway, so a bad sewer/water is already accounted for essentially.
Chris Seveney
6 weeks in - What are you seeing?
29 April 2020 | 6 replies
So we are essentially six weeks into the "quarantine".
Wonderful Togbey
Tenant withholding rent because repairs took more than 24hrs
11 July 2020 | 34 replies
If the tenant refuses to honor the 30 days notice, you are essentially in the same position (and the tenant may even stop paying!).
Greg Todrank
What tech is worth the money in LTR?
3 May 2020 | 3 replies
For SFH, we make sure we have quick re-key locks, but that's about it.For short term, vacation, etc, I would say it's essential.
Marek J.
W2 earned income to real estate investing.
24 March 2022 | 11 replies
I want to essentially invest all money earned from my regular job and invest into real estate.