Account Closed
New York State Restriction of Landlord Rights: Summary
23 September 2019 | 13 replies
This reduces housing supply and therefore makes it very expensive.I didn't do the research, so I'm curious.Is every building, from 2 Units and above, is rent controlled in SF?
Tanner Marsey
Pay down primary or invest
24 June 2019 | 22 replies
I've seen so many folks crash and burn when they outrun their supply trains of investment and decide to throw in the primary to continue their pace of investing.
Tyler Kress
Disapproving Family - Starting in Rental Property Investing
20 August 2019 | 98 replies
The current development boom is continuing to push prices into the echelon of a market like downtown Chicago for Class A buildings and and limited land supply since its surrounded by water makes new supply very very difficult to come create.
Mark Ostertag
Rent Reforms Passed in New York State
5 September 2019 | 13 replies
The other point they seemed to make was that any current tenant who is viewed as higher risk will not have leases renewed once the term is up.This seems like it will make the supply of units for people with marginal income and credit drop significantly, and rent will rise for those units.
Account Closed
Buying rental house then potentially moving
21 June 2019 | 3 replies
They understand the market, they are far more capable of screening applications, understanding the laws, etc.I don't recommend waiting until you move to find a PM.
Chris Allen
First time property owner and landlord
24 June 2019 | 14 replies
a) Office Supplies (e.g. stamps, envelopes) b) Software c) Gas/Mileage d) Advertising + Payroll e) Concessions f) Lease loss g) Lease renewal fees12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisorHow-much-should-you-keep-in-cash-reserves-per-property?
Joshua Huggett
High quantity of Low investment "crowdfunding" approach
23 June 2019 | 5 replies
So, for a $50k Loan you could have 1,000 “investors” to deal with, supply accounting, statements, answer questions, write checks to, etc??
Andrew Perkins
Water line to fridge - necessary or not?
20 June 2019 | 3 replies
I was just worried about it looking bad that the fridge clearly has the capability but doesn’t work.
Kyle Ransom
What Are The Start Up Costs?
23 June 2019 | 6 replies
Things to think about:Transient occupancy taxes, inspection fees, business licensing fee, etcUtility costs, which will be much higher than average bc people use your property like a hotelLaundry costsConsumables (tp, paper towels, shampoo, soap, dish detergent, sponges, cleaning supplies, etc)
Max T.
Is now a good time to buy the dip?
8 October 2019 | 3 replies
What if you knew that a Lamborgini typically sells for 100k, but recently (due to supply/demand) the price was pushed up to 200k.