Logan Graham
New landlord laws for Upstate New York
On the 14th of June 2019 New York state passed a lot of new laws for Landlords to follow. I work in residential and this is what I have learned so far from all these changes.
1. Eviction Process: There is now a 14 ...
Grant Shipman
Occupancy Code: how to relate to it?
The ScenarioMy investment specialization is buy-and-hold single family homes with 5-8 bedrooms and rent them out by the room, marketing specifically to professionals (rather than students or section 8). My farm is Lov...
Irene Chen
Old Owner Signed Lease During Escrow
We just got a new property with tenants in it and found out the day after closing that the old owner signed a new year long lease after the property was under contract and did not let us know. Is that okay?
It's not...
Joshua Aycock
Article: A thought experiment - Real Estate vs S&P500
AND imagine the real estate is NOT cash flow positive. Consider the ‘negative cash flow’ as simply additional reinvestment…just like the S&P.
I am all about building cash flow over time through real estate. Howev...
Michael Randle
HELOC to make downpayment on Multi-Family?
It would seem that a HELOC for a down payment on a new investment property when it comes to SFR or 2,3,4 Plex is a no go due to Debt to Income ratio.But can I use a HELOC as a down payment on a 5+ unit?
Giancarlo Paone
What would you do with 30k out of college?
What would you do if you graduated college and you were handed 30k to do as you please. Note: you are unable to live with your parents and are going to be starting a job in NYC in a couple of months.
Ken B
Help! Novice here trying to figure out if this is a possible first deal for me!
I have some specifics on this one particular seller that Im working with right now. This might actually be the first house that I actually buy. The ARV is coming in around $720-$730. Its a SFR, 4bed/3 full bath. 1 car...
Charles Heyward
Three Reasons Why a Short Sale Is Better Than Foreclosure
What not many Realtors or advisors are willing to admit from the very beginning is that when a homeowner is in debt, both the foreclosure and a short sale can have a devastating impact on the credit history. However, ...
Nathan Gesner
Is this Landlord breaking the law? Share your opinion.
The Property Manager allowed people to move in without signing a lease. The Property Manager kept the money instead of passing it on to the owner? The Owner believes the Tenants conspired with the Property Manager and...
Rick Howell
How To Set The Price Of Your Home
Pricing your home is tricky and can be the hardest part of selling a home. Setting a price can make the difference between selling a home quickly and having it remain on the market for months. Here’s what you need to ...