Hi BP,After a few years of searching for a single family home (and being priced out of our target neighborhood) my husband and I decided to instead purchase a 2-3 unit multi-family home in the Bronx, NY.

Thankfully HB22-1137 created new requirements for notifying homeowners of violations before issuing fines, set a maximum interest rate of 8% on past due fees and fines, limited the ability of HOAs to foreclose, and set the maximum fine amount for non public health and safety violations to $500.

In my area there's a company that offers this but has a sister property management company so once the home is built the property management is already set up as well.

As an LP, you provide the capital, and get an annual return, with a target equity lift at the end of the investment term.   

With an initial $500 million already in place, this venture is not just a statement of confidence in New York's enduring appeal but a strategic bet on the future of office spaces in a post-pandemic world.This initiative targets a niche yet promising segment of the market: top-tier, class-A office buildings that, while inherently valuable, need a fresh influx of capital or debt restructuring to stay competitive.

A lot of LLCs are looking to convert houses for low income rentals around here and I am wondering how I would target the sale to those rather than a family with kids for example. 

We offer the tenants a 1 set prices all bills included and all the best amenities a tenant would want.

Easy to set up and monitor.

I would say spend less time worried about macro conditions and more about target areas.Oh, and what is happening to everything else if real estate declines 50%?

MattYou’re talking about setting up a hybrid situation where you’re marketing for properties yourself but utilizing existing personnel expertise.