Tom Server
Raising rents in a multifam
8 August 2024 | 2 replies
I suspect you do not want to go to 100% vacancy.If you are raising rents a small amount, that is less important.If you are putting them on a lease, make sure your lease-end dates are staggered so that you don't, by chance, end up at 100% vacancy.
Kevin S.
Re-Inspection after storm just passed through while under contract?
8 August 2024 | 17 replies
I wouldn't limit it to roof as wind and water can damage other areas of the home..what if a window was left open and the interior now has water damage etc...Did you already bind your insurance (likely not if you are two weeks out) So there may not be a reason for them to dictate you get it reinspected.
Bob Malecki
Any experience or comments on Mynd property management?
9 August 2024 | 4 replies
Also their offices are within a few miles of my property so it's much more convenient.
Joe Morello
South Florida Condos - Buying, Holding or Selling?
8 August 2024 | 14 replies
I have been investing in Miami Dade County area, so i can't talk for the rest of FL that is a different beast, county by county, so I give you my point of view of Miami.The key point is which type condo are we talking about: newer >2010 condo, old condos, in key growth areas or not.Data, as always, speaks: condo sales ares slowing down, overall Miami is close to be a Buyer market overall (it is already a Buyer's market in many zip codes...), while appreciation is on average +5.5YoY.
Shweta Sharma
1031 exchange complications
8 August 2024 | 4 replies
I'm assuming it's a big building so that would be something you should review in the by-laws in terms of what you're entitled to.I would get in touch with your personal accountant/CPA or perhaps a local real estate specialist in NYC (there's a few in the forums) regarding your scenario.
Daniel Bryan
Starting out, looking to shadow/meet-up
8 August 2024 | 1 reply
I'm getting close to my savings mark for getting started so I'm looking to get involved, learn, and make connections.
Shanil A.
Moving rental properties to LLC
8 August 2024 | 5 replies
If so, does anyone know or can recommend an attorney to can assist with this in the Charlotte area?
Elizabeth Pratt
Help me analyze this property!
8 August 2024 | 1 reply
I ran some comps and found that the price is reasonable based on the area, could be slightly lower around 10k or so.
Amaris Aguilar
Tax Lien Code
8 August 2024 | 10 replies
Often lists for your area are free, or if you pay for a subscription from a local provider it probably will have more helpful detail you will want.Have fun, but leave your credit cards and checkbooks at home so you won't be tempted.