Alexander Szikla
Broader Rental Markets Cool Off NYC’s Rental Housing Crunch Hits 50-Year Low
6 March 2024 | 2 replies
Lower-income residents bear the brunt, with vacancies for apartments under $1,100 dropping below 0.4%.
Craig Jones
Personal umbrella / STR
6 March 2024 | 7 replies
It's a false sense of security because if the right attorney came along, not only would your insurance be maxed out, but they could still take property and/or income.
Joel Hunt
Hard money tax reporting
6 March 2024 | 6 replies
You'll need to fill out Schedule B and also the interest income section of your tax return (usually Form 1040).
Bo Johnson
Prospective tenant going through divorce
6 March 2024 | 1 reply
AGAIN FOR ALL OF THE SMARTIES....I AM WELL AWARE THAT A LANDLORD CANNOT DENY A TENANT BASED ON MARITAL STATUS AND should HAVE NO CARE IF TENANT IS MARRIED OR NOT.....HOWEVER I AM INTERESTED IN KNOWING WHAT FINANCIAL OBLIGATIONS COULD ARISE FROM THE DIVORCE PROCEEDINGS AND IF THOSE OBLIGATIONS WOULD AFFECT PT'S ABILITY TO PAY RENT BASED ON PROSPECTIVE TENANTS CURRENT INCOME.
Momar Mbengue
Top places to invest in Multi Family real estate
6 March 2024 | 11 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Jorge Abreu
Influencing Others Through Action and Proof 👊
5 March 2024 | 0 replies
Real estate has become their source of inspiration, propelling them to greater achievements!
Chris Seveney
Daily Dose of Ponzi Schemes
5 March 2024 | 6 replies
Sorry to hear about this and it's definitely important to watch out for Ponzi schemes.At the same time: many syndications require an investor to sign an NDA to protect their confidential techniques, sources, customer lists etc. from competitors who could damage them otherwise.
Jhon Restrepo
Trenton and Camden , Nj , why property prices so low.
6 March 2024 | 7 replies
Trenton and Camden pull good rental income, but as an owner you need to have a high tolerance for bs.
Curtis Baker
North Shore VS Merrimack Valley VS Southern NH
6 March 2024 | 4 replies
Even in an area like Lynn (North Shore) the margin between gross monthly income and all expenses based on an $800k property would net us approx $-2500/mo.