I just posted an article on LinkedIn that is very pertinent to all NYC real estate members. The State Senate is proposing an additional tax on home flippers in New York City (Manhattan, Brooklyn, Bronx, Queens & ...
The City of Los Angeles’ Housing Committee will be meeting on Wednesday, January 23rd at 3:00 pm to vote on whether to create a new ordinance requiring rental housing providers to accept Section 8 tenants. This could ...
Hey guys..Trying to wrap my mind around this.I heard about concept of getting homes with no money about of pocket because you find foreclosures and (I thought the word was) assume their mortgage.The way I heard it was...
Hi everyone, I have a pretty specific question regarding lending.So a little bit of background, I have one rental property under my name cash flowing a little over 400 a month with a 100,000 mortgage. My partner has n...
I’ll have inherited tenants on a duplex that will close soon. They currently don’t pay for trash, mowing or snow removal. Their leases are up in about 6 months, at which time I will have them sign new leases adding t...
Hi Everyone,I'm looking for some advice regarding if it's possible to buy a 2 family without a down payment or a lot of cash in the bank. We currently own a co-op that we rent out and are living in a 2 family where w...
Whether for sale, rent, or just to liven up the place, here are a few recession proof remodeling ideas for your home.
Be it in preparation for renting or selling your property, or simply for the ability to once again...
Hey!So I have investor friends who are purchasing a condo in downtown Philadelphia. We originally were going to do rental arbitrage but that wasn’t realistic to me. They then presented to me to just be a property mana...
Purchase Price - $85,000Rehab cost - $60,000 (5 month duration)List Price - $225,000Sale Price - $223,000 (received offer within 8 days of listing)Sales price less closing and commissions - $200,000Profit - $55,000 sp...
Hi,A partner and I will soon be aggressively looking to execute a BRRRR deal in Chicago, but we weren't sure if there were any necessary regulations or forms we needed to complete in order to issue rentals and acquire...